EIA reported a draw of -6 Bcf for the week ending 8/09/2024. This was larger than the median estimate of 1 Bcf. Today's stat fell outside the expected range, which was 12 Bcf on the more bearish end, and -4 Bcf on the more bullish end.
Prices were up in the five minutes following the announcement, to $2.276, from $2.255 just before 9:30am.
