Post Tagged with: "inventory report"

Natural Gas Inventory Draws Down, Prices Stay Near Highs

Natural Gas Inventory Draws Down, Prices Stay Near Highs

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 …

Crude Oil Storage Rises, WTI Price Sinks

Crude Oil Storage Rises, WTI Price Sinks

July 27, 2016

CRUDE OIL INVENTORY/000 BBLS

Week Ended 7/22/2016

Current Inventory:                          521,133

Actual Build/(Draw):                       1,671

Economist Average Estimate:     (2,020)

Previous Inventory:                        519,462

 

Crude oil storage increased for the first time after nine weeks of storage draws. Economist’s estimates …