NatGas total daily supply estimed slightly lower to 93.1 while demand with 83.1 bcf is 13.4 bcf higher than last week low. HDDs are forecasted just below 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