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US NATGAS: US Natural Gas Storage Seen Falling 106 Bcf Last Week: Reuters

US NATGAS
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US natural gas storage likely saw a slightly below-average draw of 106 bcf in the week to Feb. 7, according to a Reuters survey.

  • The five-year average for this period is a 144 bcf draw on the week. In 2024, stocks drew by 60 bcf over the same period.
  • If correct, that would take US natural gas storage levels to 2,291 bcf, a deficit of around 3.1% over the five-year average. This would be a reduction in the deficit from 4.4% the previous week.
  • The EIA will report the official figures at 10:30 ET Feb. 13
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US natural gas storage likely saw a slightly below-average draw of 106 bcf in the week to Feb. 7, according to a Reuters survey.

  • The five-year average for this period is a 144 bcf draw on the week. In 2024, stocks drew by 60 bcf over the same period.
  • If correct, that would take US natural gas storage levels to 2,291 bcf, a deficit of around 3.1% over the five-year average. This would be a reduction in the deficit from 4.4% the previous week.
  • The EIA will report the official figures at 10:30 ET Feb. 13