Analysts' Estimates For Today's EIA Weekly Storage Report

DJ Analysts See 51 Billion-Cubic Feet Fall in U.S. Natural-Gas Inventories

   By Timothy Puko


  Analysts expect government data scheduled for release Thursday to show natural-gas inventories last week fell about
on par with their five-year average.

  The U.S. Energy Information Administration is expected to report that storage levels fell by 51 billion cubic feet of
gas during the week ended Nov. 27, according to the average forecast of 19 analysts and traders surveyed by The Wall
Street Journal.

  The EIA is scheduled to release its storage data for the week on Thursday at 10:30 a.m. EST.

  For the Nov. 27 week, the median estimate is for a decline of 53 bcf. Estimates range from an addition of 7 bcf to a
draw of 66 bcf.

  The estimate for Nov. 27 compares to 42 bcf drawn from storage for the same week last year and a five-year average
drain of 48 bcf for that week.

  If the storage estimate is correct, inventories as of Nov . 27 totaled 4 trillion cubic feet, 16% above levels from a
year ago and 6.7% above the five-year average for the same week.


  Write to Timothy Puko at tim.puko@wsj.com


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  (END) Dow Jones Newswires

  December 02, 2015 17:49 ET (22:49 GMT)

  Copyright (c) 2015 Dow Jones & Company, Inc.

120215 22:49 -- GMT
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