EIA reported a draw of -55 Bcf for the week ending 12/08/2023. This was smaller than the median estimate of -55.5 Bcf. Today's stat fell within the expected range, which was -48 Bcf on the more bearish end, and -63 Bcf on the more bullish end.
Prices were down in the five minutes following the announcement, to $2.366, from $2.393 just before 9:30am.
