EIA reported a build of 24 Bcf for the week ending 4/05/2024. This was larger than the median estimate of 13 Bcf. Today's stat fell outside the expected range, which was 18 Bcf on the more bearish end, and 0 Bcf on the more bullish end.
Prices were down in the five minutes following the announcement, to $1.798, from $1.824 just before 9:30am.
