Natural Gas Update for Week of 11/15
NYMEX Natural Gas contract for Dec 2019 was trading $+0.003 cents to $2.562/MMBtu as of 10:44 EST.
|•||EIA reported a withdrawal of 94 Bcf, above the consensus of 91 Bcf but within the range that was forecasted.|
|•||Gas withdrawal of 94 Bcf for the past week were lower than last year’s -109 Bcf withdrawal, but much higher than the 5-year average of -32 Bcf.|
Leave a Comment