EIA reported a draw of -96 Bcf for the week ending 2/23/2024. This was larger than the median estimate of -85 Bcf. Today's stat fell outside the expected range, which was -79 Bcf on the more bearish end, and -95 Bcf on the more bullish end.
Prices were up in the five minutes following the announcement, to $1.878, from $1.856 just before 9:30am.
