EIA reported a build of 98 Bcf for the week ending 5/31/2024. This was larger than the median estimate of 92 Bcf. Today's stat fell outside the expected range, which was 97 Bcf on the more bearish end, and 85 Bcf on the more bullish end.
Prices were down in the five minutes following the announcement, to $2.774, from $2.845 just before 9:30am.
