This decline in natural gas storage surpassed the forecasted decrease of 237 billion cubic feet. The larger-than-expected decrease implies a stronger demand for natural gas, which is a bullish ...
U.S. natural gas futures fell after rising in the previous two sessions, as colder conditions expected in the second half of January are unlikely to keep the storage surplus from building.
The new storage projects may provide extra months of supply and help during tight periods, but it doesn't solve the problem of a looming shortfall of natural gas.
The report revealed an actual decrease of 120 billion cubic feet, a figure that significantly surpassed both the forecasted ...
January Nymex natural gas (NGF26) on Thursday closed down by -0.116 (-2.88%). Jan nat-gas prices gave up an early advance on Thursday and fell sharply after the weekly EIA nat-gas storage report ...
'Yesterday's 177 billion cubic foot withdrawal did little to stop the massive sell-off in natural gas', EBW Analytics Group Energy Analyst Eli Rubin said. Image by RNko via iStock In a natural gas ...