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U.S. Natural Gas Storage

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U.S. Natural Gas Storage

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Status

 
Latest Release
Dec 12, 2024
Actual
-190B
Forecast
-175B
Previous
-30B
The Energy Information Administration (EIA) Natural Gas Storage report measures the change in the number of cubic feet of natural gas held in underground storage during the past week.

While this is a U.S. indicator it tends to have a greater impact on the Canadian dollar, due to Canada's sizable energy sector.

If the increase in natural gas inventories is more than expected, it implies weaker demand and is bearish for natural gas prices. The same can be said if a decline in inventories is less than expected.
If the increase in natural gas is less than expected, it implies greater demand and is bullish for natural gas prices. The same can be said if a decline in inventories is more than expected.
Importance:
Country:
Currency: USD
Source: Energy Information Administrat...
U.S. Natural Gas Storage
 
Release Date Time Actual Forecast Previous
Dec 19, 2024 17:30     -190B
Dec 12, 2024 17:30 -190B -175B -30B
Dec 05, 2024 17:30 -30B -43B -2B
Nov 27, 2024 19:00 -2B -4B -3B
Nov 21, 2024 17:30 -3B 2B 42B
Nov 14, 2024 17:30 42B 34B 69B

News

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Analysis

Natural Gas Storage Discussion

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