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U.S. Natural Gas Storage

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U.S. Natural Gas Storage

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Delivery Method

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Status

 
Latest Release
Sep 16, 2021
Actual
83B
Forecast
76B
Previous
52B
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 over the prior week.

While it is a U.S. indicator, it tends to have a larger impact on the Canadian dollar because of Canada's large 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
Sep 23, 2021 16:30     83B
Sep 16, 2021 16:30 83B 76B 52B
Sep 09, 2021 16:30 52B 40B 20B
Sep 02, 2021 16:30 20B 25B 29B
Aug 26, 2021 16:30 29B 40B 46B
Aug 19, 2021 16:30 46B 31B 49B

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Analysis

Natural Gas Storage Discussion

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