🚀 EIA Reports Record Natural Gas Storage Withdrawal Amid Winter Storm Fern
#EIA #naturalgas #winterstormfern #energy #storagewithdrawal #trillioncubicfeet #winter2026 #energyinformationadministration
The Energy Information Administration (EIA) announced a record natural gas storage withdrawal of 360 billion cubic feet (Bcf), surpassing the previous record of 359 Bcf set on January 5, 2018. FactSet posted on X that this withdrawal follows a significant extraction of 262 Bcf on January 23, 2026, due to Winter Storm Fern, resulting in storage levels falling to a 27-Bcf deficit compared to the five-year average. Current storage levels are at 2.46 trillion cubic feet (Tcf). Before the winter of 2025/2026, storage was in surplus relative to the five-year average, entering the season at approximately 3.96 Tcf.#EIA #naturalgas #winterstormfern #energy #storagewithdrawal #trillioncubicfeet #winter2026 #energyinformationadministration
🚀 U.S. Natural Gas Futures Fluctuate Amid Supply Concerns
#USNaturalGas #Futures #SupplyConcerns #StorageWithdrawal #MarketFluctuations #Traders #SupplyDynamics #NaturalGasVolatility #GovernmentReport #StorageLevels
U.S. natural gas futures experienced fluctuations as traders balanced concerns over potential supply disruptions with expectations of a smaller-than-average weekly storage withdrawal. Bloomberg posted on X, highlighting the market's sensitivity to supply dynamics and storage data. The ongoing uncertainty in supply has kept traders on edge, influencing the natural gas market's volatility. The anticipation of the government report on storage levels has added to the market's cautious sentiment, as traders await further clarity on the supply situation.#USNaturalGas #Futures #SupplyConcerns #StorageWithdrawal #MarketFluctuations #Traders #SupplyDynamics #NaturalGasVolatility #GovernmentReport #StorageLevels