EIA reported a draw of -49 Bcf for the week ending 2/09/2024. This was smaller than the median estimate of -66 Bcf. Today's stat fell outside the expected range, which was -57 Bcf on the more bearish end, and -76 Bcf on the more bullish end.
Prices were down in the five minutes following the announcement, to $1.598, from $1.624 just before 9:30am.
