US NatGas Supply/Demand balance as of 05-07-2020

NatGas total daily supply estimed higher again. Today it is forseen up to 93.4 bcf while demand is  down to 78.5 bcf for a second day in a row. HDDs are forecasted back on the norm for next days  General picture is still bearish after weekly EIA natural gas inventories rose 109 bcf last week, above 5 years average.

NatGas  supply and balance as of 5-7-2020
NatGas supply and balance as of 5-7-2020
US NatGas HDDs and powerburn as of 5-7-2020
US NatGas HDDs and powerburn as of 5-7-2020

*Supply includes production, Canadian imports and net LNG

For interactive chart click here

Source: NGSA/SP GLOBAL PLATTS, EIA, NOO

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