Today U.S. NatGas total daily supply and demand both estimed higher than last weekend to 91.4 and 78.6 bcf respectively. General picture is still bearish after weekly EIA natural gas inventories rose by 85 bcf last week as expected.
EIA Natural Gas Storage Data week ending June, 12:
EIA Natural Gas Storage Data Total (06/12/20): 2,892 Bcf Total (06/05/20): 2,807 Bcf Net change: 85 Bcf Implied flow: 85 Bcf Year ago stocks: 2,170 Bcf % change from year ago: 33.3 % 5-year avg stocks: 2,473 Bcf % change from 5-year avg: 16.9 %
For interactive chart click here
Source: NGSA/SP GLOBAL PLATTS, EIA, NOOA