Natural gas inventories are projected to exceed the five-year average by 2% by the 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, marking a 2% increase over the five-year average. Notably, there were seven consecutive weeks of net injections exceeding 100 Bcf each from late April to early June, a trend not seen since 2014.
ENR Rating: 85/100 | Sentiment: 0.7
Sectors: gas, policy, utilities
Regions: US