EIA reported a draw of -87 Bcf for the week ending 12/22/2023. This was larger than the median estimate of -79 Bcf. Today's stat fell outside the expected range, which was -74 Bcf on the more bearish end, and -82 Bcf on the more bullish end.
Prices were up in the five minutes following the announcement, to $2.56, from $2.533 just before 9:30am.
