US EIA Natural Gas Stocks Change (Feb/13) -144 vs. Exp. -146 (Prev. -249, Rev. From -249)
Newsquawk Staff ·
US EIA Natural Gas Stocks Change (Feb/13) -144 vs. Exp. -146 (Prev. -249, Rev. From -249)
What it means
The latest US EIA Natural Gas Stocks data shows a draw of -144 Bcf, slightly beating expectations of -146 Bcf, and a notable improvement from the previous week's revision of -249 Bcf. This draw is relatively in line with seasonal trends, indicating solid demand, which may support natural gas prices and impact related commodities in energy markets as we assess supply dynamics going forward.
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