Natural gas inventories expected to exceed five-year average by end of October.
The latest Short-Term Energy Outlook forecasts U.S. working natural gas inventories to reach 3,872 Bcf by the end of October, 2% above the five-year average. Notably, inventories increased significantly from late April to early June, with seven consecutive weeks of net injections surpassing 100 Bcf each, marking the first occurrence since 2014.
ENR Rating: 85/100 | Sentiment: 0.7
Sectors: gas, policy, utilities
Regions: US