1056 ET - U.S. natural gas inventories fell by 261 billion cubic feet last week to 1,840 Bcf, widening the storage deficit to 238 Bcf below the five-year average and 561 Bcf below the year earlier level, the EIA reports. The seventh consecutive triple-digit weekly draw is roughly in line with the 265 Bcf drawdown estimated in a Wall Street Journal survey of analysts. Natural gas futures have been limited by a recent warmup in March weather forecasts, while tight inventories provide support. The Nymex front month is up 2.1% at $4.043/mmBtu. (anthony.harrup@wsj.com)
(END) Dow Jones Newswires
February 27, 2025 10:56 ET (15:56 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。