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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 19, 2024
Actual
-125B
Forecast
-123B
Previous
-190B
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 27, 2024 10:30     -125B
Dec 19, 2024 10:30 -125B -123B -190B
Dec 12, 2024 10:30 -190B -175B -30B
Dec 05, 2024 10:30 -30B -43B -2B
Nov 27, 2024 12:00 -2B -4B -3B
Nov 21, 2024 10:30 -3B 2B 42B

News

Energy & precious metals - weekly review and outlook
Energy & precious metals - weekly review and outlook By Investing.com - Oct 29, 2023 9

Investing.com - Fear across global markets is expected to hit fever pitch in the coming week, with stock markets likely tanking and favorite commodity plays oil and gold rising, as Israel enters the...

Energy & precious metals - weekly review and outlook
Energy & precious metals - weekly review and outlook By Investing.com - Oct 22, 2023 38

Investing.com - If Friday’s market was any indication, oil gains could be reversed almost as quickly as they are made on news of any thawing of the crisis in the Middle East. The question though is...

Analysis

Phil Flynn
The Energy Report: If I Could Turn Back Time By Phil Flynn - Nov 01, 2024 1

If I could turn back time, If I could find a way! The secret to comedy is timing. The same is true and commodity option trading and sometimes buyers are asking if they could turn back time just three...

Natural Gas Storage Discussion

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All Comments (56)
Financial Ability
Financial Ability Nov 09, 2023 10:22AM ET
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The star-ship is preparing for takeoff and blowing off steam
Miroslav Chovanec
Miroslav Chovanec Oct 26, 2023 1:00AM ET
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Jay Sun
Jay Sun Sep 14, 2023 12:46AM ET
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Already above $3 for Nov contract
Amol Das
Daas Jul 06, 2023 1:46PM ET
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$3 for NG price coming this month!
Mike knapp
Mike knapp Oct 05, 2022 12:57AM ET
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The Bloomberg company has been trading natural gas down via the companies KOLD ETF all of September. Near the beginning of the month the price of natural gas was $9.29. Now that stands at $6.30. A 33% drop. Tomorrow.they will trade natural gas up due to low RSI on natural gas and the log ETF BOIL.
Vlad Roy
Vlad Roy Aug 16, 2022 4:28PM ET
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Rockpoint Gas Storage, has been put up for sale by Brookfield according to PeakLoad.com. The largest independent owner and operator of natural gas storage in North America.
Vlad Roy
Vlad Roy Aug 16, 2022 4:27PM ET
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Rockpoint Gas Storage has been put up for sales by Brookfield according to PeakLoad.com
Marcelo Roitman
Marcelo Roitman Jul 14, 2022 10:32AM ET
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Latest Release Jul 14, 2022 Actual 58B Forecast 58B Previous 60B
Mike knapp
Mike knapp Apr 20, 2022 12:55PM ET
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I will predict 38 BCF for tomorrow.
daily Trading Signals
DailyTSignals Sep 29, 2021 6:29PM ET
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i think its going to be  larger injection tomorrow   91 bcf.
 
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