Wednesday, June 18, 2025

Natural Gas Inventory Draws Down, Prices Stay Near Highs

Today’s natural gas inventory report put the storage levels down by 209 Bcf for the week ended 12/16/2016, according to EIA’s Weekly Natural Gas Storage Report. This was roughly in line with expectations of a 204 Bcf draw. Current gas stocks currently stand at 3,597 Bcf, 5.9% below stocks a year ago and roughly in line with the five year average

Coal Demand Shifting to Asia with Big Implications for Markets

As Europe and America consume less coal, China gains greater influence over coal industry In its medium-term coal market report for 2016, IEA reports that global coal demand growth has stalled after more than a decade of 4% annual growth, with demand in 2016 to be below 2013 levels. Consumption decreased for the first time in 2015 as declines in