US NatGas Supply/Demand balance as of 05-27-2020

U.S. NatGas total daily supply and demand both revised higher than last week. Today supply estimed up to 91, while demand increased to 76.3 bcf thanks to powerburn. Industrial demand is still flat. General picture is still bearish after weekly EIA natural gas inventories rose by 81 bcf last week, 19.4% above 5 years average. Natural Gas inventory difference vs 5yr avg is +407 Bcf.

US NatGas Supply/Demand balance as of 05-27-2020
US NatGas Supply/Demand balance as of 05-27-2020
US Natural Gas Hdds and Powerburn
US Natural Gas Hdds and Powerburn

*Supply includes production, Canadian imports and net LNG

For interactive chart click here

Source: NGSA/SP GLOBAL PLATTS, EIA, NOOA

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.