EIA reported a build of 99 Bcf for the week ending 5/12/2023. This was smaller than the median estimate of 108 Bcf. Today's stat fell within the expected range, which was 116 Bcf on the more bearish end, and 98 Bcf on the more bullish end.
Prices were up in the five minutes following the announcement, to $2.484, from $2.385 just before 9:30am.
