NatGas total daily supply and demand both estimed higher to 94 and 84.1 bcf respectively while HDDs are forecasted on 2019 levels. General picture is still bearish after weekly EIA natural gas inventories rose 109 bcf last week, above 5 years average.Through the first 6 weeks of the injection season, +333 BCF has been added to natural gas storage, 88 bcf more than the 5-yr average.
*Supply includes production, Canadian imports and net LNG
For interactive chart click here
Source: NGSA/SP GLOBAL PLATTS, EIA, NOO