January 11, 2019
The EIA Natural Gas Storage Report published on Thursday showed a 91 BCF withdrawal from storage for the week ended January 4th - above the market estimate of 80 BCF. This withdrawal includes a reclassification of 4 BCF from working gas to base gas. Total working gas in storage was reported as 2,614 BCF; 7.2% below this time last year and 15.1% below the five-year average.
This morning in Globex, WTI Crude was down 32 cents; Natural Gas was up eight cents; Heating Oil was down one cent; and Gasoline was down one cent.
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Sprague Resources LP published this content on 11 January 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 11 January 2019 15:08:03 UTC