EIA reported a build of 16 Bcf for the week ending 7/21/2023. This was larger than the median estimate of 14 Bcf. Today's stat fell within the expected range, which was 27 Bcf on the more bearish end, and 6 Bcf on the more bullish end.
Prices were down in the five minutes following the announcement, to $2.533, from $2.58 just before 9:30am.
