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US NATGAS: US Natgas Storage Seen Falling 168 Bcf in Week to Feb. 14: Reuters

US NATGAS
USEnergy BulletsNorth AmericaBulletCommodities

US natural gas storage is likely to see an above-average draw of 168 bcf in the week to Feb. 14, according to a Reuters survey.

  • The five-year average for this period is a 145 bcf draw on the week. In 2024, stocks drew by 58 bcf over the same period.
  • If correct, that would take US natural gas storage levels to 2,129 bcf, a deficit of around 4.1% over the five-year average. This would be a widening in the deficit from 2.8% the previous week.
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US natural gas storage is likely to see an above-average draw of 168 bcf in the week to Feb. 14, according to a Reuters survey.

  • The five-year average for this period is a 145 bcf draw on the week. In 2024, stocks drew by 58 bcf over the same period.
  • If correct, that would take US natural gas storage levels to 2,129 bcf, a deficit of around 4.1% over the five-year average. This would be a widening in the deficit from 2.8% the previous week.