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EIA

US natural gas futures slip

US natural gas futures slip

NEW YORK: US natural gas futures slipped on Thursday on a smaller-than-expected storage draw last week and forecasts...
Published 14 Feb, 2021 03:49am
US natgas futures edge up on cold forecasts, big storage draw
Markets

US natgas futures edge up on cold forecasts, big storage draw

  • The US Energy Information Administration (EIA) said US utilities pulled 192 billion cubic feet (bcf) of gas from storage during the colder than normal week ended Jan. 29.
  • Front-month gas futures rose 2.2 cents, or 0.8%, to $2.811 per million British thermal units.
Published 04 Feb, 2021 09:50pm
US natgas falls over 3pc on small storage draw, lower demand forecasts
Markets

US natgas falls over 3pc on small storage draw, lower demand forecasts

  • The US Energy Information Administration (EIA) said utilities pulled just 128 billion cubic feet (bcf) of gas from storage in the week ended Jan. 22.
  • Last week's decrease cut stockpiles to 2.881 trillion cubic feet (tcf), which was still 9.3% above the five-year average of 2.637 tcf for this time of year.
Published 28 Jan, 2021 09:55pm
Oil prices fall
Markets

Oil prices fall

LONDON: Oil prices fell on Friday, retreating further from 11-month highs hit last week, weighed down by worries ...
Published 23 Jan, 2021 03:56am
Crude stocks jump in most recent week: EIA
Markets

Crude stocks jump in most recent week: EIA

  • Crude inventories rose by 4.4 million barrels in the week to Jan. 15, compared with analysts' expectations for a decrease of 1.2 million barrels.
  • Refinery crude runs rose by 110,000 barrels per day, EIA data showed. Refinery utilization rates rose by 0.5 percentage points.
Published 22 Jan, 2021 09:27pm
US crude stockpiles drop, fuel inventories build: EIA
Markets

US crude stockpiles drop, fuel inventories build: EIA

  • Crude inventories fell by 3.2 million barrels in the week to Jan. 8 to 482.2 million barrels, compared with expectations in a Reuters poll for a 2.3 million-barrel drop.
  • I think what we're seeing here is the drawdown in supply and a big uptick in refinery runs is giving the market an idea that refiners are starting to ramp up production of products.
Published 13 Jan, 2021 09:08pm
US crude stocks slump, fuel inventories surge: EIA
Markets

US crude stocks slump, fuel inventories surge: EIA

  • Crude inventories fell by 8 million barrels in the last week to 485.5 million barrels, compared with analysts' expectations in a Reuters poll for a 2.1 million-barrel drop.
  • Refinery crude runs rose by 89,000 barrels per day in the last week, EIA said.
Published 06 Jan, 2021 09:09pm