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Natural Gas Inventory: Analyzing the Expectations

Robert Scott
Natural Gas Inventory: Analyzing the Expectations

In the week ending April 13, natural gas inventories declined by 36 Bcf (billion cubic feet) to 1,299 Bcf—based on the EIA’s (U.S. Energy Information Administration) data announced on April 19. The fall in the EIA’s data was 13 Bcf more than the market’s expectation. On April 19, natural gas June futures fell 2.6%. Natural gas oversupply concerns could have dragged natural gas prices on the day.