EIA reported a draw of -91 Bcf for the week ending 12/04/2020. This was larger than the median estimate of -86 Bcf. Today’s stat fell within the expected range, which was -79 Bcf on the more bearish end, and -99 Bcf on the more bullish
Prices were up in the five minutes following the announcement, to $2.561, from $2.463 just before 9:30am.
Inventories for the US are now at a surplus of 309 Bcf to last year and a surplus of 260 Bcf to the five-year average.