News/Data/Jan 30, 2026

EIA reports 360 Bcf storage draw in week ending January 30 as Henry Hub spot hits $9.03

NG

US working gas fell by 360 Bcf in the week ending January 30, 2026, which the EIA said was 170 Bcf more than the five-year average for that week. The same episode lifted the Henry Hub spot price to $9.03/MMBtu on January 28, up $4.05 from a week earlier. For traders it was the sharpest sign of how thin the winter cushion had become.

  • Weekly net withdrawal: 360 Bcf (week ending January 30, 2026)
  • 170 Bcf more than the five-year average for the same week
  • Henry Hub spot: $9.03/MMBtu on January 28, up $4.05 week over week

Moves this explains

NG+13.02%Jan 29 · Natural gas jumped 13.02% to $4.43 on January 30, the day an EIA report showed a 360 Bcf storage draw with Henry Hub spot at $9.03. That draw is the most direct driver. Metals crashed the same day (gold -10.02%, silver -26.82%) but that was a separate move, and gas moved against them.
Source
U.S. Energy Information Administration
Jan 30, 2026
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