Call Us Now: (240) 482-4729 Natural Gas Update for Week of 11/15 - Open Market Energy

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.

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