Today U.S. NatGas total daily supply and demand both estimed lower to 92.14 and 82.5 bcf respectively. HDDs are forecasted below 2019 levels for a second day in a row. 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