The U.S. Energy Information Administration reported a 50 Bcf reduction in storage inventories for the week to November 25th. Initial reaction to the news was an increase of US$0.12/MMBtu (up 3%)
EIA Natural Gas Storage Data
- Total (11/25/16): 3,995 Bcf
- Total (11/18/16): 4,045 Bcf
- Net change: -50 Bcf
- Implied flow: -50 Bcf
- Year ago stocks: 3,971 Bcf
- % change from year ago: 0.6 %
- 5-year avg stocks: 3,760 Bcf
- % change from 5-year avg: 6.3 %
