Analysts See 265 Billion Cubic-Foot Decline in U.S. Natural Gas Storage

Dow Jones

Feb 27, 2025

By Anthony Harrup

Last week's cold weather across most of the U.S. likely led to a much bigger-than-usual withdrawal from natural gas inventories, widening the storage deficit heading into the tail end of winter, according to a Wall Street Journal survey.

Natural gas in underground storage is forecast to be down by 265 billion cubic feet at 1,836 Bcf, according to the average estimate of 11 analysts, brokers and traders. Forecasts range from a withdrawal of 240 Bcf to a withdrawal of 278 Bcf.

The expected decline compares with a five-year average draw for the week of 141 Bcf, reflecting increased demand for heating by homes and businesses as colder-than-usual weather spread across much of the U.S. It would leave inventories 242 Bcf below the five-year average and 565 Bcf below the year-earlier level.

The U.S. Energy Information Administration is scheduled to release the storage data on Thursday at 10:30 a.m. EST.

Write to Anthony Harrup at anthony.harrup@wsj.com

-0-

Text goes here.

Write to

(END) Dow Jones Newswires

February 26, 2025 12:08 ET (17:08 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2514684788"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2514684788\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2514684788?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-27 01:08","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2514684788","market":"nz","top_or_hot":-1,"title":"Analysts See 265 Billion Cubic-Foot Decline in U.S. Natural Gas Storage","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Anthony Harrup \n</p>\n<pre>\n \n</pre>\n<p>\n  Last week's cold weather across most of the U.S. likely led to a much bigger-than-usual withdrawal from natural gas inventories, widening the storage deficit heading into the tail end of winter, according to a Wall Street Journal survey. \n</p>\n<p>\n  Natural gas in underground storage is forecast to be down by 265 billion cubic feet at 1,836 Bcf, according to the average estimate of 11 analysts, brokers and traders. Forecasts range from a withdrawal of 240 Bcf to a withdrawal of 278 Bcf. \n</p>\n<p>\n  The expected decline compares with a five-year average draw for the week of 141 Bcf, reflecting increased demand for heating by homes and businesses as colder-than-usual weather spread across much of the U.S. It would leave inventories 242 Bcf below the five-year average and 565 Bcf below the year-earlier level. \n</p>\n<p>\n  The U.S. Energy Information Administration is scheduled to release the storage data on Thursday at 10:30 a.m. EST. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Anthony Harrup at anthony.harrup@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  -0- \n</p>\n<p>\n  Text goes here. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 26, 2025 12:08 ET (17:08 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Analysts See 265 Billion Cubic-Foot Decline in U.S. Natural Gas Storage</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAnalysts See 265 Billion Cubic-Foot Decline in U.S. Natural Gas Storage\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-27 01:08</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Anthony Harrup \n</p>\n<pre>\n \n</pre>\n<p>\n  Last week's cold weather across most of the U.S. likely led to a much bigger-than-usual withdrawal from natural gas inventories, widening the storage deficit heading into the tail end of winter, according to a Wall Street Journal survey. \n</p>\n<p>\n  Natural gas in underground storage is forecast to be down by 265 billion cubic feet at 1,836 Bcf, according to the average estimate of 11 analysts, brokers and traders. Forecasts range from a withdrawal of 240 Bcf to a withdrawal of 278 Bcf. \n</p>\n<p>\n  The expected decline compares with a five-year average draw for the week of 141 Bcf, reflecting increased demand for heating by homes and businesses as colder-than-usual weather spread across much of the U.S. It would leave inventories 242 Bcf below the five-year average and 565 Bcf below the year-earlier level. \n</p>\n<p>\n  The U.S. Energy Information Administration is scheduled to release the storage data on Thursday at 10:30 a.m. EST. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Anthony Harrup at anthony.harrup@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  -0- \n</p>\n<p>\n  Text goes here. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 26, 2025 12:08 ET (17:08 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4179","symbol_name":"石油天然气设备与服务","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2514684788","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2514684788","pubTimestamp":1740589680,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Last week's cold weather across most of the U.S. likely led to a much bigger-than-usual withdrawal from natural gas inventories, widening the storage deficit heading into the tail end of winter, according to a Wall Street Journal survey.Natural gas in underground storage is forecast to be down by 265 billion cubic feet at 1,836 Bcf, according to the average estimate of 11 analysts, brokers and traders. Forecasts range from a withdrawal of 240 Bcf to a withdrawal of 278 Bcf.The expected decline compares with a five-year average draw for the week of 141 Bcf, reflecting increased demand for heating by homes and businesses as colder-than-usual weather spread across much of the U.S. It would leave inventories 242 Bcf below the five-year average and 565 Bcf below the year-earlier level.The U.S. Energy Information Administration is scheduled to release the storage data on Thursday at 10:30 a.m. EST.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4179":"石油天然气设备与服务","NGS":"Natural Gas Services Group Inc"},"translate_title":"分析师预计美国天然气储存量将减少2650亿立方英尺","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NGS":1},"content_text":"By Anthony Harrup \n\n\n \n\n\n  Last week's cold weather across most of the U.S. likely led to a much bigger-than-usual withdrawal from natural gas inventories, widening the storage deficit heading into the tail end of winter, according to a Wall Street Journal survey. \n\n\n  Natural gas in underground storage is forecast to be down by 265 billion cubic feet at 1,836 Bcf, according to the average estimate of 11 analysts, brokers and traders. Forecasts range from a withdrawal of 240 Bcf to a withdrawal of 278 Bcf. \n\n\n  The expected decline compares with a five-year average draw for the week of 141 Bcf, reflecting increased demand for heating by homes and businesses as colder-than-usual weather spread across much of the U.S. It would leave inventories 242 Bcf below the five-year average and 565 Bcf below the year-earlier level. \n\n\n  The U.S. Energy Information Administration is scheduled to release the storage data on Thursday at 10:30 a.m. EST. \n\n\n \n\n\n  Write to Anthony Harrup at anthony.harrup@wsj.com \n\n\n \n\n\n  -0- \n\n\n  Text goes here. \n\n\n \n\n\n  Write to \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 26, 2025 12:08 ET (17:08 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}