The US natural gas storage withdrawal season started one week later than normal with a below-average draw of 18 Bcf for the week ended Nov. 20 as the Henry Hub winter strip shows slight declines with demand somewhat muted for the week in progress. US natural gas storage inventories decreased to 3.940 Tcf for the week ended Nov. 20, the US Energy Information Administration said Nov. 25. The report was issued one day earlier than normal this week to accommodate the Thanksgiving holiday in the US. The withdrawal was less than an S&P Global Platts survey of analysts calling for a 25 Bcf pull. Responses to the survey ranged from a 4 Bcf injection to a 39 Bcf withdrawal. The build was also less than the 47 Bcf draw reported during the same […]