EIA reported a draw of -197 Bcf for the week ending 1/26/2024. This was smaller than the median estimate of -202.5 Bcf. Today's stat fell within the expected range, which was -183 Bcf on the more bearish end, and -298 Bcf on the more bullish end.
Prices were down in the five minutes following the announcement, to $2.09, from $2.118 just before 9:30am.
