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EIA Natural Gas Report  
Released On 6/15/2017 10:30:00 AM For wk6/9, 2017
PriorActual
Weekly Change106 bcf78 bcf

Highlights
Natural gas in storage rose 78 billion cubic feet in the June 9 week to 2,709 bcf. The eleventh consecutive weekly build since the traditional end of the heating season was smaller than most analysts expected, and put natural gas stocks 10.6 percent below the same period last year, when inventories were unusually large due to a low-consumption mild winter. But inventories are still a large 9.2 percent above the 5-year average for this period, and remain in the upper half of the 5-year historical range. The smaller than expected build gave a lift to the price of natural gas futures, which jumped about 5 cents higher to around $2.98 per MMBTu immediately following the release of the EIA report.

Definition
The Energy Information Administration (EIA) provides weekly information on natural gas stocks in underground storage for the U.S. and three regions of the country. The level of inventories helps determine prices for natural gas products.  Why Investors Care
 
 

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