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Natural Gas Inventory +81 bcf vs +94 bcf Expected

From streetinsider.com

Working gas in storage was 3,369 Bcf as of Friday, October 8, 2021, according to EIA estimates. This represents a net increase of 81 Bcf from the previous week. Stocks were 501 Bcf less than last year at this time and 174 Bcf below the five-year average of 3,543 Bcf. At 3,369 Bcf, total working gas is within the five-year historical range. (full story)

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EIA reports a weekly climb in natural-gas supplies below some market forecasts

From marketwatch.com

The U.S. Energy Information Administration reported on Thursday that domestic supplies of natural gas rose by 81 billion cubic feet for the week ended Oct. 8. That was a bit lower than the average increase of 89 billion cubic feet forecast by analysts polled by S&P Global Platts. Total stocks now stand at 3.369 trillion cubic feet, down 501 billion cubic feet from a year ago and 174 billion cubic feet below the five-year average, the government said. Following the data, November natural gas NGX21, +5.78% extended their early gains, trading up 33 cents, or 5.9%, at $5.92 per million British thermal units. Prices were ... (full story)

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