• Tony Zelinski

EIA Natural Gas Storage Report 12-19-19

EIA Natural Gas Storage Report 12-19-19

The U.S. Energy Information Administration reported Thursday that domestic supplies of natural gas fell by 107 billion cubic feet for the week ended Dec. 13. Analysts expected a fall of 93 billion cubic feet, on average, according to a survey conducted by S&P Global Platts.

Total stocks now stand at 3.411 trillion cubic feet, up 618 billion cubic feet from a year ago, but 9 billion cubic feet below the five-year average, the government said. January natural gas traded at $2.276 per million British thermal units, down a penny, or 0.4%, from Wednesday's settlement. Prices were up from $2.259 before the data.

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