Natural Gas Inventory +38 bcf vs +47 bcf Expected

• Natural Gas Inventory +38 bcf vs +47 bcf Expected

Working gas in storage was 1,883 Bcf as of Friday, April 16, 2021, according to EIA estimates. This represents a net increase of 38 Bcf from the previous week. Stocks were 251 Bcf less than last year at this time and 12 Bcf above the five-year average of 1,871 Bcf. At 1,883 Bcf, total working gas is within the five-year historical range.

You May Also Be Interested In

• KeyBanc raises oil price forecast for 2024 and 2025
• Oil prices recover on tight supply bets even as M.East fears clear
• Analyst comments after global aluminium output recovers