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The EIA reported a 288 Bcf natural gas storage withdrawal for the week ending January 19, above the roughly 272 Bcf trade estimate. Prompt-month futures nonetheless lost ground after an early-week rally.
A larger-than-expected draw tightens US storage, but futures sold off, so the market treated the surprise as already priced in. Gas-linked input costs stay firm but without a clear new trend.
naturalgasintel.comJeremiah ShelorJan 25, 2018After 40 past neutral report events, Natural Gas moved a median +1.2% over 5 sessions (60% higher; middle half -3.5% to +2.8%), and +4.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
