Storage Report

The U.S. Energy Information Administration (EIA) on Thursday reported an injection of 89 Bcf into natural gas storage for the week ending Sept. 11. The result exceeded the high end of analyst expectations and pointed to substantial near-term imbalance of supply and demand. Futures plummeted in morning trading. Ahead of the EIA report, the October…

The U.S. Energy Information Administration (EIA) on Thursday reported an injection of 70 Bcf natural gas storage for the week ending Sept. 4, aligning with forecasts and easing early pressure on Nymex natural gas futures. Ahead of the report, a Bloomberg survey found estimates ranging from 60 Bcf to 73 Bcf, with a median of…

Ahead of the release of updated government inventory data, natural gas futures were down several cents in early trading Thursday as concerns over limited storage capacity into the end of the injection season appeared to overshadow any uplift from the recent strengthening in export demand. The October Nymex contract was down 6.0 cents to $2.346/MMBtu…

The U.S. Energy Information Administration (EIA) on Thursday reported an injection of 35 Bcf into storage for the week ending August 28. The result came in roughly on par with median estimates and nudged Nymex natural gas futures higher. The latest injection was bullish relative to a year earlier, when EIA reported a 77 Bcf…

The U.S. Energy Information Administration (EIA) reported a 45 Bcf injection into natural gas storage inventories for the week ending Aug. 21, a figure that was right in line with consensus but below the year-ago and five-year average builds. September Nymex gas futures, trading more than 12 cents higher ahead of expiration later Thursday at…

Loose EIA stat sends Nymex natural gas futures lower Clarity likely forthcoming on future LNG demand Spot gas prices mostly lower as Western heat eases It took some convincing, but traders have woken up to the incredible looseness still penetrating the natural gas market. After a bearish storage report, the September Nymex gas futures contract…

As analysts highlighted evidence of potential regional storage constraints heading into the end of the injection season, natural gas futures extended the previous session’s losses in early trading Friday. The September Nymex contract was down 4.4 cents to $2.308/MMBtu at around 8:40 a.m. ET. The Energy Information Administration (EIA) on Thursday reported a 43 Bcf…

It took some convincing, but traders have woken up to the incredible looseness still penetrating the natural gas market. After a bearish storage report, the September Nymex gas futures contract dropped 7.4 cents to $2.352. October fell 6.0 cents to $2.503. Spot gas prices also were mostly lower, with steep decreases continuing to be seen…

The U.S. Energy Information Administration (EIA) reported a 43 Bcf injection into natural gas storage inventories for the week ending Aug. 14, a figure that was right in line with market expectations. Natural gas futures, which were trading slightly lower ahead of the report, remained in the red after the data was released. At about…