Withdrawal

U.S natural gas production as measured by gross withdrawals reached 90.9 Bcf/d in 2017, the highest volume on record, the U.S. Energy Information Administration reported Tuesday.

Natural gas futures pulled back Thursday after the Energy Information Administration (EIA) reported a weekly storage withdrawal that came in looser versus market expectations, although a reclassification resulted in a slightly larger net decrease to inventories overall.

The Energy Information Administration (EIA) reported a weekly natural gas storage withdrawal Thursday that missed to the bearish side of market expectations, and futures — trading higher on colder overnight weather trends — pulled back a few cents on the news.

Industry prognosticators hit it nearly right on the nose Thursday morning as the Energy Information Administration (EIA) reported that 86 Bcf was withdrawn from underground storage for the week ending March 16.

The Energy Information Administration (EIA) on Thursday reported a weekly storage withdrawal that missed to the bearish side of market expectations, and futures sold off a few cents on the news.

The Energy Information Administration (EIA) on Thursday reported a natural gas storage withdrawal that was slightly tighter than market expectations. Futures traded on both sides of even following the news.

March natural gas was set to open Thursday about 3 cents lower at around $2.556 as overnight weather data dropped some heating demand versus previous expectations.

The Energy Information Administration (EIA) on Thursday reported a triple-digit withdrawal from U.S. natural gas inventories that surprised to the bullish side of expectations, giving a small bump to a futures market weighed down by an unimpressive heating demand outlook.

The Energy Information Administration (EIA) on Thursday reported a weekly natural gas storage withdrawal that was slightly larger than market expectations, and futures traded in a narrow range following the release of the number.