EIA reported a build of 80 Bcf for the week ending 10/18/2024. This was larger than the median estimate of 67.5 Bcf. Today's stat fell outside the expected range, which was 72 Bcf on the more bearish end, and 44 Bcf on the more bullish end.
Prices were down in the five minutes following the announcement, to $2.408, from $2.442 just before 9:30am.
