Today U.S. NatGas total daily supply and demand both estimed slightly lower than yesterday to 91.1 bcf and 79.1 bcf respectively. Industrial demand still flat. General picture is still bearish after weekly EIA natural gas inventories rose by 102 bcf last week .
EIA Natural Gas Storage Data:
Total (05/29/20): 2,714 Bcf
Total (05/22/20): 2,612 Bcf
Net change: 102 Bcf
Implied flow: 102 Bcf
Year ago stocks: 1,952 Bcf
% change from year ago: 39.0 %
5-year avg stocks: 2,292 Bcf
% change from 5-year avg: 18.4 %
Total (05/22/20): 2,612 Bcf
Net change: 102 Bcf
Implied flow: 102 Bcf
Year ago stocks: 1,952 Bcf
% change from year ago: 39.0 %
5-year avg stocks: 2,292 Bcf
% change from 5-year avg: 18.4 %
*Supply includes production, Canadian imports and net LNG
For interactive chart click here
Source: NGSA/SP GLOBAL PLATTS, EIA, NOOA
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