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Slovakia Natural Gas Stocks Withdrawal

Price

46.5 GWh/d
Change +/-
-4.75 GWh/d
Percentage Change
-9.72 %

The current value of the Natural Gas Stocks Withdrawal in Slovakia is 46.5 GWh/d. The Natural Gas Stocks Withdrawal in Slovakia decreased to 46.5 GWh/d on 7/1/2024, after it was 51.25 GWh/d on 6/1/2024. From 1/2/2011 to 7/1/2024, the average GDP in Slovakia was 78.74 GWh/d. The all-time high was reached on 2/9/2012 with 370.4 GWh/d, while the lowest value was recorded on 4/21/2011 with 0 GWh/d.

Source: Gas Infrastructure Europe

Natural Gas Stocks Withdrawal

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Natural Gas Withdrawal

Natural Gas Stocks Withdrawal History

DateValue
7/1/202446.5 GWh/d
6/1/202451.25 GWh/d
5/1/202450.674 GWh/d
4/1/202462.777 GWh/d
3/1/202474.684 GWh/d
2/1/202478.407 GWh/d
1/1/2024164.006 GWh/d
12/1/2023128.74 GWh/d
1/1/2018213.318 GWh/d
12/1/2017227.2 GWh/d
1
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5
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Similar Macro Indicators to Natural Gas Stocks Withdrawal

NameCurrentPreviousFrequency
🇸🇰
Natural Gas Inventory
32.419 TWh32.295 TWhfrequency_daily
🇸🇰
Natural Gas Inventory Injection
176.61 GWh/d174.34 GWh/dfrequency_daily
🇸🇰
Natural Gas Storage Capacity
36.457 TWh36.457 TWhfrequency_daily

What is Natural Gas Stocks Withdrawal?

"Natural Gas Stocks Withdrawal: A Comprehensive Analysis At Eulerpool, we pride ourselves on providing in-depth and accurate macroeconomic data to help our users make informed decisions. Among our extensive data categories, the 'Natural Gas Stocks Withdrawal' stands out as a particularly significant indicator of both the energy market and broader economic trends. The dynamics of natural gas withdrawals are pivotal for economists, investors, policymakers, and industry stakeholders. In this comprehensive analysis, we explore the multiple facets of natural gas stocks withdrawal, its implications for various sectors, and its role in economic forecasting. Natural gas, a critical energy source, plays a vital role in both daily consumption and industrial processes. It is used extensively for heating, electricity generation, and as a feedstock for various chemical processes. Understanding the patterns of natural gas stocks withdrawal—essentially, the amount of natural gas extracted from storage to meet demand—is crucial for predicting market movements and economic conditions. The fluctuation in natural gas stocks withdrawal is influenced by a myriad of factors, making it a complex yet indispensable element to track. Seasonal variations are perhaps the most prominent among these factors. For instance, during winter months, colder temperatures lead to increased heating demands, thereby escalating the withdrawal rates from natural gas storage facilities. Conversely, in the warmer months, the demand drops as heating requirements diminish. These seasonal patterns must be scrutinized alongside weather forecasts to predict future withdrawals accurately. Beyond seasonal impacts, the pricing of natural gas on both national and international markets can prompt shifts in withdrawal rates. When natural gas prices are high, consumers and businesses may seek alternative energy sources, leading to lower withdrawal rates. Conversely, lower natural gas prices tend to boost consumption, resulting in higher withdrawals. Additionally, geopolitical events, supply disruptions, and changes in regulations can all affect natural gas prices and, subsequently, withdrawal patterns. Analyzing natural gas stocks withdrawal also involves examining infrastructure limitations and storage capacity. The United States, for example, has a vast network of underground storage facilities designed to absorb fluctuations in supply and demand. The capacity of these storage facilities, their fill levels, and the efficiency with which gas can be injected or withdrawn are all variables that impact the overall withdrawal rates. Infrastructure constraints, unexpected facility shutdowns, or maintenance activities can significantly alter withdrawal dynamics. On a macroeconomic level, natural gas stocks withdrawal serves as an indicator of economic health and activity. High withdrawal rates often signal robust economic activity, as industries ramp up production and consumers increase energy usage. Conversely, lower withdrawal rates might indicate a slowdown in economic activities or an ongoing transition towards more energy-efficient technologies and practices. Therefore, tracking these withdrawals can provide valuable insights into the current and future state of the economy. Industries such as manufacturing, chemicals, and utilities are directly tied to the availability and cost of natural gas. For manufacturers, natural gas is a key input for processes ranging from metal smelting to fertilizer production. Disruptions in availability or spikes in prices can have immediate repercussions on production costs, profit margins, and pricing strategies for finished goods. For utilities, the cost and availability of natural gas directly impact electricity prices and the feasibility of maintaining a stable energy supply. Consequently, fluctuations in natural gas stocks withdrawal can have a cascading effect throughout these sectors, influencing everything from operational decisions to long-term investment strategies. Investors closely monitor natural gas stocks withdrawal data to make informed decisions about their portfolios. Sudden increases in withdrawal rates can signal potential upward pressure on natural gas prices, providing opportunities for investments in futures contracts or related stocks. Conversely, slower withdrawal rates may prompt considerations about shifting investments towards alternative energy sources or sectors less affected by natural gas supply dynamics. Additionally, reliable withdrawal data helps in developing forecasts for earnings, stock performance, and the overall health of companies deeply entwined with the natural gas market. Policymakers and regulatory agencies also rely on withdrawal data to craft policies that ensure energy security and economic stability. By understanding withdrawal trends, they can implement measures to manage strategic reserves, provide subsidies or incentives for energy efficiency, and develop policies that promote a stable energy market. Effective regulatory frameworks, informed by accurate withdrawal data, can mitigate the risk of supply shortages, price volatility, and economic disruptions. At Eulerpool, we are committed to offering our users precise and timely data on natural gas stocks withdrawal. Our user-centric platform allows for tailored analysis, enabling stakeholders to derive actionable insights from complex data. By integrating sophisticated analytical tools and historical data, we empower our users to identify trends, anticipate market movements, and make strategic decisions that align with economic realities. In conclusion, the natural gas stocks withdrawal category is a crucial component of macroeconomic analysis. Its implications span across various sectors, influencing economic activities, investment decisions, regulatory policies, and overall market stability. At Eulerpool, we provide the necessary data and tools to navigate this intricate landscape, underscoring our commitment to excellence and reliability in macroeconomic data provision. By staying attuned to the nuances of natural gas withdrawal patterns, stakeholders can better anticipate future trends and shape strategic responses that drive growth and stability in the dynamic energy market."