The US Energy Information Administrations (EIA), in its weekly storage report, reported a 33 Bcf withdrawal from inventories for the week ending April 1, a steeper draw than expected. The EIAs 33 Bcf withdrawal was well within the range of expectations that spanned from 3 Bcf to 44 Bcf. Last year, 19 Bcf was injected into storage during the similar week, while the five-year average is a build of 8 Bcf.
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