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U.S. Natural Gas Storage

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U.S. Natural Gas Storage

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Latest Release
Sep 29, 2022
Actual
103B
Forecast
94B
Previous
103B
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
Oct 06, 2022 10:30   94B 103B
Sep 29, 2022 10:30 103B 94B 103B
Sep 22, 2022 10:30 103B 93B 77B
Sep 15, 2022 10:30 77B 73B 54B
Sep 08, 2022 10:30 54B 54B 61B
Sep 01, 2022 10:30 61B 58B 60B

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Analysis

Natural Gas Storage Discussion

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