Natural Gas Storage Report: Week of January 30th

Natural gas storage levels fell -360 Bcf to 2,463 Bcf last week, above expectations of a -374 Bcf draw. Inventory levels are up 1.7% YoY (vs 7.9% YoY last week) and are now down -1.1% compared to the 5-year average (vs 5.3% last week).