UPDATE: Natural Gas Inventory +93 bcf vs +94 bcf Expected

• Natural Gas Inventory +93 bcf vs +94 bcf Expected

Summary

Working gas in storage was 2,807 Bcf as of Friday, June 5, 2020, according to EIA estimates. This represents a net increase of 93 Bcf from the previous week. Stocks were 748 Bcf higher than last year at this time and 421 Bcf above the five-year average of 2,386 Bcf. At 2,807 Bcf, total working gas is within the five-year historical range.

You May Also Be Interested In

• Crude Inventory Fell 6.1 Million Barrels Last Week, Says EIA
• Oil market losses easing as nearly 80% of disrupted supply returns, UBS says
• Durable Goods (May P) -4.5% vs -5% Expected, Ex-Trans 1.3% vs 0.6%