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U.S. Natural Gas Storage

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U.S. Natural Gas Storage

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Latest Release
Apr 18, 2024
Actual
50B
Forecast
54B
Previous
24B
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
May 02, 2024 10:30      
Apr 25, 2024 10:30   87B 50B
Apr 18, 2024 10:30 50B 54B 24B
Apr 11, 2024 10:30 24B 14B -37B
Apr 04, 2024 10:30 -37B -42B -36B
Mar 28, 2024 10:30 -36B -26B 7B

News

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Analysis

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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