US NatGas Supply/Demand balance as of 06-23-2020

Today U.S. NatGas total daily supply estimed  lower than yesterday to 90.8 while demad is projected higher to 81.4 bcf as powerburn coming back. 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 %

Storage estimates for week ending 19, June:
Bloomberg +108
Reuters +102
US NatGas Supply/Demand balance as of 06-23-2020
US NatGas Supply/Demand balance as of 06-23-2020
NatGas Hdds and Powerburn
NatGas Hdds and Powerburn

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.