EIA Weekly Storage Number Close To Consensus

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The U.S. Energy Information Administration said in its weekly report that natural gas storage in the U.S. rose by 74 Bcf in the week ended April 21. Reuters survey of 18 traders and analysts pegged the average at +72 Bcf, with a range between 62 Bcf and 91 Bcf.

EIA Natural Gas Storage Data:

  • Total (04/21/17): 2,189 Bcf
  • Total (04/14/17): 2,115 Bcf
  • Net change: 74 Bcf
  • Implied flow: 74 Bcf
  • Year ago stocks: 2,547 Bcf
  • % change from year ago: -14.1 %
  • 5-year avg stocks: 1,890 Bcf
  • % change from 5-year avg: 15.8 %