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What is Natural Gas Inventory and the effect of this dataBack

Natual Gas Stocks is also known as Natural Gas Inventories and Working Gas.

The Inveotry is realeased by The Energy Information Administration (EIA) on the weekly basis. 
Natural Gas weekly Storage report measures the change in the number of cubic feet of natural gas held in underground storage over the prior of the week.

How it works?
If the data is higher in natural gas inventories as per the expectation, it means weaker demand and it is bearish for natural gas. It is indicate that last week demand is lower than the supply.
If the data is lower than the expectation in natural gas and it is positive for natural gas, it means greater demand and is less supply in last week. for natural gas prices. 

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What is Natural Gas Inventory and the effect of this data
 
 
 
Posted on: 27-Oct-2016 | Posted by: NIFM | Comment('0')
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