EIA reported a draw of -19 Bcf for the week ending 11/29/2019. This was smaller than the median estimate of -21 Bcf. Today’s stat fell within the expected range, which was -15 Bcf on the more bearish end, and -27 Bcf on the more bullish end.

Prices were up in the five minutes following the announcement, to $2.424, from $2.411 just before 9:30am.

Inventories for the US are now at a surplus of 591 Bcf to last year and a deficit of 9 Bcf to the five-year average.