Natural Gas Inventory +58 bcf vs +56 bcf Expected

• Natural Gas Inventory +58 bcf vs +56 bcf Expected

Summary

Working gas in storage was 3,332 Bcf as of Friday, August 7, 2020, according to EIA estimates. This represents a net increase of 58 Bcf from the previous week. Stocks were 608 Bcf higher than last year at this time and 443 Bcf above the five-year average of 2,889 Bcf. At 3,332 Bcf, total working gas is above the five-year historical range.

You May Also Be Interested In

• Xi urges U.S., Iran to return to track of resolving issues through negotiation as soon as possible - Xinhua
• JOLTS Job Openings (Aug) 7.08M vs 7.23M Expected
• U of M 1 Yr Inflation (Sep F) 4.6% vs 4.7% Expected, 5-10 yr 3.4% vs 3.4% Expected