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Natural Gas Futures Higher Ahead of Storage Reports - The Wall Street Journal

The Wall Street Journal · last updated

Natural Gas Futures Higher Ahead of Storage Reports - WSJ

Nov. 16, 2023 8:20 am ET

0816 ET – Natural gas futures are higher as the market awaits two weeks of storage data from EIA due at 10:30am ET. “We expect wild trade today, aided by the rare occurrence of two EIA reports being released simultaneously,” NatGasWeather.com says in a report, noting expectations of small draw for the cold Nov. 3 week and a build for the warm week ended Nov. 10. Surveys by the Wall Street Journal predict a decline of 6.5 Bcf for the Nov. 3 week and a build of 34 Bcf last week. Natural gas for December delivery is up 0.9% at $3.220/mmBtu. ( anthony.harrup@wsj.com)

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