US NatGas Supply/Demand balance as of 05-29-2020

U.S. NatGas total daily supply and demand both estimed lower than yesterday to 90.6 and 74.6 bcf  respectively. Industrial demand is still flat. General picture is still bearish after weekly EIA natural gas inventories rose by 109 bcf last week   . Stocks were 778 Bcf higher than last year at this time and 423 Bcf above the five-year average of 2,189 Bcf.

US NatGas Supply/Demand balance as of 05-29-2020
US NatGas Supply/Demand balance as of 05-29-2020
US Natural Gas HHDs and Powerburn
US Natural Gas HHDs and Powerburn

 

*Supply includes production, Canadian imports and net LNG

For interactive chart click here

Source: NGSA/SP GLOBAL PLATTS, EIA, NOOA

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