US Natural Gas Storage
It's the primary gauge of supply and demand imbalances in the market, which can lead to changes in production levels and significant price volatility;
Energy prices are based on supply and demand in the market. Inventories are used to maintain price stability during supply shortages and periods of increasing demand. It tends to create a hefty market impact upon release;
- US Natural Gas Storage Graph
- History
| Expected Impact / Date | Actual | Forecast | Previous |
|---|---|---|---|
| Dec 5, 2024 | -30B | -38B | -2B |
| Nov 27, 2024 | -2B | -2B | -3B |
| Nov 21, 2024 | -3B | 2B | 42B |
| Nov 14, 2024 | 42B | 34B | 69B |
| Nov 7, 2024 | 69B | 67B | 78B |
| Oct 31, 2024 | 78B | 79B | 80B |
| Oct 24, 2024 | 80B | 61B | 76B |
| Oct 17, 2024 | 76B | 80B | 82B |
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- US Natural Gas Storage News
From youtube.com/cmegroup|Dec 5, 2024Natural Gas futures eke out a small gain after the EIA report prints a decline of 30 Bcf. Bob Iaccino discusses natural gas and the bullish weather conditions ahead.
From breakingthenews.net|Dec 5, 2024Working natural gas in storage across the United States decreased by 30 billion cubic feet in the week ending November 29 compared to the previous seven-day period to reach 3,937 billion cubic feet, the Energy Information Administration (EIA) stated in its report on Thursday. Year-on-year, the natural gas stockpiles increased by 185 billion cubic feet. The figure was 284 billion cubic feet above the five-year average of 3,653 billion cubic feet. The total working gas was above the five-year historical range.
From breakingthenews.net|Nov 27, 2024Working gas in storage across the United States fell by 2 billion cubic feet in the week ending November 22 in comparison to the previous week to reach 3,967 billion cubic feet, the Energy Information Administration (EIA) revealed in its report on Wednesday. On an annual basis, the natural gas stockpiles were higher by 134 billion cubic feet, standing by 267 billion cubic feet above the five-year average of 3.700 billion cubic feet. The total working gas was above the five-year historical range.
From youtube.com/cmegroup|Nov 21, 2024Natural Gas futures have rallied nearly 25% over the past five sessions. Bob Iaccino discusses natural gas amid light demand forecasts.
From fxdailyreport.com|Nov 21, 2024Natural gas futures soared on Thursday after a surprise drawdown in US inventories. Natural gas prices have been rocketing on weather reports suggesting that a cold front could blanket much of the country for the rest of November. December natural gas futures surged $0.23, or 7.2%, to $3.423 per million British thermal units (Btu) at 14:44 GMT on Thursday on the New York Mercantile Exchange. Natural gas is up 25% this week and has rallied 67% over the last three months. Year-to-date, it is up 49%. New US Energy Information ...
From breakingthenews.net|Nov 21, 2024Working natural gas in storage across the United States declined by 3 billion cubic feet in the week ending November 15 compared to the previous seven-day period to reach 3,969 billion cubic feet, the Energy Information Administration (EIA) shared in its report released on Thursday. Year-over-year, the figure advanced by 141 billion cubic feet. The stockpiles were 239 billion cubic feet above the five-year average of 3,730 billion cubic feet. The total working gas was above the five-year historical range.
From youtube.com/cmegroup|Nov 14, 2024Natural Gas futures fail to break through 2024 resistance as the market anticipates low demand over the next week. Bob Iaccino explains.
From youtube.com/cmegroup|Nov 7, 2024Natural Gas futures resume their downtrend on expectations for low demand. Bob Iaccino discusses natural gas after Thursday’s EIA storage report.
| Released on Dec 5, 2024 |
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| Released on Nov 27, 2024 |
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| Released on Nov 21, 2024 |
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| Released on Nov 14, 2024 |
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| Released on Nov 7, 2024 |
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