3:32 PM · 13 June 2024

BREAKING: Natural gas storage slightly below forecasts 📉

NATGAS
Commodities
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03:30 PM BST, United States - EIA Data:

  • Natural Gas Storage: actual 74B; forecast 75B; previous 98B;

As of June 7, 2024, there were 2,974 billion cubic feet (Bcf) of working gas in storage, according to the EIA. This is an increase of 74 Bcf from the previous week. The current stock is 364 Bcf higher than the same time last year and 573 Bcf above the five-year average of 2,401 Bcf, placing it above the typical five-year range.

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