Natural Gas Futures (NG1:COM)Ahmed Farhath,
Rangsarit Chaiyakun
- Stocks for the week ended March 8, 2024 were 2,325 Bcf vs. 2,334 Bcf for the week ended March 1, 2024.
- Net change: -9 Bcf vs. -40 Bcf for the week ended March 1, 2024.
- Consensus estimate for net change: -3 Bcf.
- Stocks were 336 Bcf higher than last year at this time and 629 Bcf above the five-year average of 1,696 Bcf.
- At 2,325 Bcf, total working gas is above the five-year historical range.
-
Futures (NG1:COM +2.29%)
-
ETFs: UNG, BOIL, KOLD, FCG, UNL, HNU:CA
Click here to read the full EIA Weekly Natural Gas Storage Report.
Image Source: EIA