Natural gas inventories are projected to exceed the five-year average as injection season progresses.
The latest Short-Term Energy Outlook forecasts U.S. working natural gas inventories to reach 3,872 Bcf by October's end, 2% above the five-year average. Notably, inventories saw rapid growth from late April to early June, with seven consecutive weeks of net injections surpassing 100 Bcf, a first since 2014.
ENR Rating: 85/100 | Sentiment: 0.7
Sectors: gas, policy, utilities
Regions: US
