Analysts see US gas storage surplus narrowing in bullish EIA report

Following a relatively bearish start to the US winter heating season, market analysts now expect that colder weather in late November likely prompted the first major drawdown from natural gas storage stocks. In its upcoming Dec. 7 inventory report, the US Energy Information Administration is expected to announce a 105-Bcf withdrawal from US gas storage in the week prior, according… Following a relatively bearish start to the US winter heating season, market analysts now expect that colder weather in late November likely prompted the first major drawdown from natural gas storage stocks. In its upcoming Dec. 7 inventory report, the US Energy Information Administration is expected to announce a 105-Bcf withdrawal from US gas storage in the week prior, according… Read More