The U.S. Energy Information Administration reported a 78 Bcf injection into natural gas storage inventories in their weekly storage report for the week to June 9th – much less than market expectation of 89 Bcf.
EIA Natural Gas Storage Data:
- Total (06/09/17): 2,709 Bcf
- Total (06/02/17): 2,631 Bcf
- Net change: 78 Bcf
- Implied flow: 78 Bcf
- Year ago stocks: 3,031 Bcf
- % change from year ago: -10.6 %
- 5-year avg stocks: 2,481 Bcf
- % change from 5-year avg: 9.2 %
