EIA reported a draw of -9 Bcf for the week ending 3/08/2024. This was larger than the median estimate of -2 Bcf. Today's stat fell within the expected range, which was 4 Bcf on the more bearish end, and -9 Bcf on the more bullish end.
Prices were up in the five minutes following the announcement, to $1.688, from $1.685 just before 9:30am.
