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Weekly Natural Gas EIA Storage Report for August 19th

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Miguel A. Rodriguez
Miguel A. Rodriguez
20 tháng 8 2021
Here are the latest details from the U.S. Energy Information Administration regarding natural gas inventories.

Natural gas spot price mostly fell this week. 

 

The prices of propane rose 5% week-over-week and are now at their highest level since February 2014.

Natural gasoline and ethane prices each fell 2%, following the same drop of Brent crude oil prices for the week ended August 18.

Following the 5% in natural gas prices reported at the Houston Ship Channel, ethane prices fell too.

Natural gasoline price fell by 1%, following the Brent crude oil price, which also decreased by 1% week-over-week.

The natural gas rig count decreased by 1 to 102, losing some of last week’s gains, while oil-directed rigs rose by 10 to 397. 

 

Sources: eia.gov

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Miguel A. Rodriguez
Miguel A. Rodriguez
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Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.