Natural gas inventories forecasted to exceed five-year average by 2%.
The latest Short-Term Energy Outlook predicts U.S. working natural gas inventories will reach 3,872 Bcf by the end of October, marking a 2% increase over 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 trend not seen since 2014.
ENR Rating: 85/100 | Sentiment: 0.7
Sectors: gas, policy, utilities
Regions: US