Natural Gas Rebounds on Storage Draws and Winter Storm Warnings

Inventory Cushion Easing

While US storage remains slightly above the five-year average, the rate of withdrawal is accelerating. This has forced short-sellers to cover positions as the market prepares for a potential peak-winter demand phase.

LNG Feedgas Records

Feedgas flows to US LNG export terminals have reached a new record of 15.2 Bcf/d. This structural demand is preventing natural gas from following the broader energy downturn seen in the oil markets.