Natural gas inventories are forecasted to exceed the five-year average by 2% by the end of October.
The latest Short-Term Energy Outlook predicts U.S. working natural gas inventories will reach 3,872 Bcf by October's end, marking a 2% increase over the five-year average. Notably, from late April to early June, there were seven consecutive weeks of net injections exceeding 100 Bcf, a trend not seen since 2014.
ENR Rating: 85/100 | Sentiment: 0.7
Sectors: gas, policy, utilities
Regions: US