Natural Gas Inventory -130 bcf vs -135 bcf Expected

• Natural Gas Inventory -130 bcf vs -135 bcf Expected

Summary

Working gas in storage was 3,330 Bcf as of Friday, January 1, 2021, according to EIA estimates. This represents a net decrease of 130 Bcf from the previous week. Stocks were 138 Bcf higher than last year at this time and 201 Bcf above the five-year average of 3,129 Bcf. At 3,330 Bcf, total working gas is within the five-year historical range.

You May Also Be Interested In

• Natural Gas Inventory 76 bcf vs 69 bcf Expected
• Oil market losses easing as nearly 80% of disrupted supply returns, UBS says
• GDP Annualized QoQ (1Q T) 2.1% vs 1.6% Expected