EIA reported a build of 18 Bcf for the week ending 7/26/2024. This was smaller than the median estimate of 30.5 Bcf. Today's stat fell outside the expected range, which was 41 Bcf on the more bearish end, and 22 Bcf on the more bullish end.
Prices were up in the five minutes following the announcement, to $2.1, from $2.093 just before 9:30am.
