EIA reported a build of 35 Bcf for the week ending 8/16/2024. This was larger than the median estimate of 25 Bcf. Today's stat fell within the expected range, which was 42 Bcf on the more bearish end, and 21 Bcf on the more bullish end.
Prices were down in the five minutes following the announcement, to $2.052, from $2.094 just before 9:30am.
