According to our analysis natural gas moved 67 ticks on DOE Natural Gas Storage Report data on 12 October 2023.

Natural gas (67 ticks)

Charts are exported from JForex (Dukascopy).

In the Weekly Natural Gas Storage Report for the week ending October 6, 2023, it was revealed that working gas in underground storage in the Lower 48 states stood at 3,529 billion cubic feet (Bcf). This marked an increase of 84 Bcf from the previous week. Furthermore, current storage levels were 316 Bcf higher than the same period in the previous year and 163 Bcf above the five-year average of 3,366 Bcf. Despite these fluctuations, the total working gas volume of 3,529 Bcf remains within the historical five-year range. This report offers essential insights into the natural gas storage landscape, aiding in the assessment of trends and comparisons with historical data.

Source: https://ir.eia.gov/ngs/ngs.html

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