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Henry Hub Maintains Losses After Expected Storage Build

NATGAS

US Henry Hub front holding on to the earlier decline after a build in US natural gas storage inventories in line with expectations.

  • The latest EIA weekly gas inventories for the week ending 27 Oct showed a build of +79bcf compared to a Bloomberg survey expecting a +79bcf build and the five-year average for this time of year of +72bcf.
  • The total US inventories remain above normal at 3,779bcf compared to the average of 3,568bcf.
  • EIA will delay all scheduled data releases between November 8-10 including the Weekly Natural Gas Storage Report on November 9 to complete a planned systems upgrade.


Source: EIA

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