US weekly EIA natural gas storage change +35 bcf vs +34 bcf expected

  • Weekly US natural gas inventory data
  • Prior was +29 bcf

There was some talk of a bullish reading on this number due to higher power burn but that wasn't the case. Front month gas was up 7 cents to $2.66 ahead of the release.

Storage build season continues and we're now into hurricane season, which could disrupt LNG processing and exports.

Top Brokers

Sponsored

General Risk Warning
investingLive Premium
Telegram Community
Gain Access