FX.co ★ US Natural Gas Stocks Fall Less than Expected

US energy companies withdrew 249 billion cubic feet (bcf) of natural gas from storage in the week ending February 6, 2026, slightly below market expectations for a 257 bcf draw, as extreme cold continued to fuel strong heating demand. The withdrawal was significantly larger than the 111 bcf draw recorded in the same week a year earlier and well above the five-year average decline of 146 bcf. Total inventories fell to 2.214 trillion cubic feet, leaving stockpiles 4.2% below year-ago levels and 5.5% under the five-year average. This latest decline came on the heels of a record 360 bcf withdrawal in the prior week, driven by an Arctic blast that swept across much of the United States.