EIA reported a build of 10 Bcf for the week ending 7/12/2024. This was smaller than the median estimate of 25.5 Bcf. Today's stat fell outside the expected range, which was 34 Bcf on the more bearish end, and 12 Bcf on the more bullish end.
Prices were modestly higher in the five minutes following the announcement, to $2.101, from $2.094 just before 9:30am.
