Natural Gas Storage Report: Week of December 12th

Natural gas storage levels fell -167 Bcf to 3,579 Bcf last week, in line with expectations of a -169 Bcf draw. Inventory levels are -1.7% YoY (vs -0.7% YoY last week) and are now up 0.9% compared to the 5-year average (vs 2.8% last week).