Natural Gas Inventory +81 bcf vs +75 bcf Expected

• Natural Gas Inventory +81 bcf vs +75 bcf Expected

Summary

Working gas in storage was 2,471 Bcf as of Friday, July 5, 2019, according to EIA estimates. This represents a net increase of 81 Bcf from the previous week. Stocks were 275 Bcf higher than last year at this time and 142 Bcf below the five-year average of 2,613 Bcf. At 2,471 Bcf, total working gas is within the five-year historical range.

You May Also Be Interested In

• KeyBanc raises oil price forecast for 2024 and 2025
• Wall St gains on bright earnings, megacaps' support
• Outlook for sterling could be impacted as Bank of England set to cut rates before the Fed