CAPEX.com
CAPEX.com

Article Hero

Weekly Natural Gas EIA Storage Report for September 29th

1633079548.jpg
Miguel A. Rodriguez
Miguel A. Rodriguez
01 October 2021
Here are the latest details from the U.S. Energy Information Administration regarding natural gas inventories for this week.

Natural gas spot prices rose at most locations this report week. While the international natural gas prices rose for the fifth consecutive week. U.S. supply of natural gas increased this report week as a result of increasing imports from Canada.

Natural gas consumed for power generation declined by 13.1%, or 4.3 Bcf/d, week over week as a result of cooler-than-normal temperatures in both the Southwest and the Southeast.

 

 

Sources: ir.eia.gov

This information/research prepared by Miguel A. Rodriguez does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. The research analyst primarily responsible for the content of this research report, in part or in whole, certifies that the views about the companies and their securities expressed in this report accurately reflect his/her personal views and consequently any person acting on it does so entirely at their own risk.The research provided does not constitute the views of KW Investments Ltd nor is it an invitation to invest with KW Investments Ltd. The research analyst also certifies that no part of his/her compensation was, is, or will be, directly, or indirectly, related to specific recommendations or views expressed in this report.The research analyst in not employed by KW Investments Ltd. You are encouraged to seek advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit that conforms to your specific investment objectives, financial situation, or particular financial needs before making a commitment to invest. The laws of the Republic of Seychelles shall govern any claim relating to or arising from the contents of the information/ research provided. 

Share this article

How did you find this article?

Awful
Ok
Great
Awesome

Read More

Miguel A. Rodriguez
Miguel A. Rodriguez
Financial Writer

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