Because natural gas withdrawals from storage have picked up with January’s colder temperatures and U.S. production tailed off a bit in November, the Energy Information Administration (EIA) said Tuesday it has decided to leave its price forecasts for the next two years almost unchanged: $2.64/MMBtu this year and $3.22/MMBtu next year.
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Analysts Hint at Scrambled NatGas Storage Data; Futures Ease Nonetheless
Natural gas futures lost ground Thursday morning after the Energy Information Administration (EIA) reported a storage withdrawal that was somewhat less than what traders were expecting.
February 4, 2016
Futures At Lows of Day Following Lackluster NatGas Storage Draw
Natural gas futures retreated after the Energy Information Administration (EIA) reported a storage withdrawal that was less than what traders were anticipating.
January 21, 2016
‘Winter May As Well Be Over’? February Drops 8.9 Cents on ‘Bearish’ Storage Draw
Natural gas futures fell Thursday morning after the Energy Information Administration (EIA) reported a storage withdrawal for the week ending Jan. 8 that was less than the market had expected.
January 14, 2016
NatGas Futures Jump a Dime Following Stout EIA Storage Figures
Natural gas futures surged Thursday morning after the Energy Information Administration (EIA) reported a storage withdrawal that was significantly greater than what the market was expecting.
January 7, 2016
NatGas Bulls Hold On to Strong Open Following Unsurprising EIA Data
Natural gas futures were unable to improve upon a sharply higher open Thursday morning after the Energy Information Administration (EIA) reported a storage withdrawal that was about in line with what traders were expecting.
December 31, 2015
Bears Yawning Despite Low Storage Pull; January Unchanged
Natural gas futures inched lower Thursday morning after the Energy Information Administration (EIA) reported a storage withdrawal for the week ending Dec. 11 that was less than what traders had been expecting.
December 17, 2015
NatGas Futures Rise, Fall Following Storage Report
Natural gas futures staged a brief rally Thursday morning after the Energy Information Administration (EIA) reported a storage draw that was slightly larger than what traders were expecting.
December 3, 2015
December NatGas Forwards Climb Despite Record Storage
Natural gas fixed prices for December were up at most market hubs between Nov. 20 and 24 as a temporary bump in demand trumped yet another build in storage inventories, NGI’s Forward Lookdata shows.
November 25, 2015
Cash NatGas Gains; Futures Can’t Handle 4 Tcf Storage; December Drops 7 Cents
Physical gas for Friday delivery proved far stronger than floundering futures in Thursday’s trading.
November 19, 2015
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