Record Drawdown in US Nat-Gas Inventories Lifts Prices
Yahoo Finance·2026-02-05 20:19

March Nymex natural gas (NGH26) on Thursday closed higher by +0.044 (+1.27%). March nat-gas prices settled higher on Thursday amid a record withdrawal of nat-gas storage.  The EIA reported Thursday that nat-gas inventories fell -360 bcf in the week ended January 30, the largest weekly withdrawal from US gas storage sites on record and well above the five-year average for the week of -190 bcf. More News from Barchart Expectations of below-normal US temperatures, which will boost nat-gas heating demand, ...