April 25, 2024 14:35 GMT
Henry Hub Holding Intraday Lows
NATGAS
US Henry Hub front month is holding its losses as US natural gas storage inventory injections came in largely in line with expectations, according to the latest weekly EIA data.
- The EIA weekly gas inventories for the week ending Apr. 19 showed an injection of 92bcf compared to the expectation for an injection of 89bcf according to a Bloomberg survey and the seasonal normal injection of 58bcf.
- Gas stocks are now at 2,425 bcf, compared to the five-year average of 1,770 bcf.
- US Natgas MAY 24 down 2.5% at 1.61$/mmbtu
- US Natgas OCT 24 down 0.7% at 2.53$/mmbtu
- US Natgas APR 25 down 0.3% at 3.06$/mmbtu
- US Natgas 1-2 spread down 0$/mmbtu at -0.33$/mmbtu
114 words