EIA reports increase in storage levels

  • U.S. natural-gas supplies in storage rose by 60 billion cubic feet for the week ended Nov. 10
  • Supplies declined by 6 billion cubic feet for the week ended Nov. 3
  • Total working gas in storage was at 3.833 trillion cubic feet, up 198 billion cubic feet from a year ago
  • December natural gas traded at $3.086 per million British thermal units, down 10.4 cents, or 3.3%

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Factuality Level: 8
Justification: The article provides factual information about the U.S. natural-gas supplies in storage, including the increase and decline in supplies for specific weeks. It also includes data from the U.S. Energy Information Administration and analyst forecasts. The article does not contain any irrelevant or misleading information, sensationalism, redundancy, or opinion masquerading as fact. However, it could be improved by providing more context or analysis.

Noise Level: 7
Justification: The article provides information on U.S. natural gas supplies in storage and includes data from the U.S. Energy Information Administration. However, it lacks analysis of long-term trends or antifragility. It also does not hold powerful people accountable or provide actionable insights or solutions. The article stays on topic and supports its claims with data, but it is relatively short and does not provide in-depth analysis.

Financial Relevance: Yes
Financial Markets Impacted: Natural gas markets

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article pertains to the U.S. natural gas supplies and their impact on the market. There is no mention of any extreme event.

Reported publicly: www.marketwatch.com