Analysts see record-breaking US gas storage draw during winter storm

US natural gas market analysts expect the US Energy Information Administration to report a record-breaking storage withdrawal for the week ended Jan. 30, as severe cold caused upstream production freeze-offs and an intense spike in heating demand. Analysts surveyed by Platts, part of S&P Global Energy, predicted a consensus withdrawal estimate of 366 billion cubic feet for the upcoming EIA gasUS natural gas market analysts expect the US Energy Information Administration to report a record-breaking storage withdrawal for the week ended Jan. 30, as severe cold caused upstream production freeze-offs and an intense spike in heating demand. Analysts surveyed by Platts, part of S&P Global Energy, predicted a consensus withdrawal estimate of 366 billion cubic feet for the upcoming EIA gasRead More