Analysts brace for 'monster' draws from storage as deep freeze settles in

摘要

Although the pace of storage withdrawals has slackened in recent weeks, market observers are bracing for a return to what one analyst deemed "monster" drawdowns - at least for the next two weeks - given dramatically colder weather across the majority of the country. "This week's weather is even more extreme, with near-record degree days anticipated," Jefferies & Co. analyst Subash Chandra said.