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Natural Gas Inventory +98 bcf vs +99.5 bcf Expected

From streetinsider.com

Working gas in storage was 2,411 Bcf as of Friday, June 4, 2021, according to EIA estimates. This represents a net increase of 98 Bcf from the previous week. Stocks were 383 Bcf less than last year at this time and 55 Bcf below the five-year average of 2,466 Bcf. At 2,411 Bcf, total working gas is within the five-year historical range. (full story)

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EIA reports a 98 billion cubic foot weekly climb in U.S. natural-gas supplies

From marketwatch.com

The U.S. Energy Information Administration reported on Thursday that domestic supplies of natural gas rose by 98 billion cubic feet for the week ended June 4. That was generally in line with the average increase of 95 billion cubic feet forecast by analysts polled by S&P Global Platts. Total stocks now stand at 2.411 trillion cubic feet, down 383 billion cubic feet from a year ago and 55 billion cubic feet below the five-year average, the government said. Following the data, July natural gas NGN21, +2.05% was up 4 cents, or 1.2%, at $3.17 per million British thermal units. It traded at $3.19 shortly before the data. (full story)

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