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Weekly Natural Gas EIA Storage Report for August 19th

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Miguel A. Rodriguez
Miguel A. Rodriguez
20 agosto 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
financial_writer

Miguel comenzó su destacada carrera profesional en reputadas instituciones financieras como el Banco Santander y el Banco Central-Hispano. Es autor de importantes libros sobre trading en el mercado de divisas.