EIA reported a draw of -154 Bcf for the week ending 1/12/2024. This was smaller than the median estimate of -165 Bcf. Today's stat fell within the expected range, which was -144 Bcf on the more bearish end, and -188 Bcf on the more bullish end.
Prices were down in the five minutes following the announcement, to $2.737, from $2.789 just before 9:30am.
