The Energy Information Administration released its report on US natural gas stocks, showing a drawdown of 46 billion cubic feet in the week ending November 18, adding to a 18B drop in the previous reading, while analysts expected a 51B drawdown.
Total stocks have now fallen to 3.726 trillion cubic feet from 3.772 trillion in the week ending November 11, which is below the total of the same period of 2016 at 4.045 trillion, and also below the five-year average at 3.847 trillion.