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Henry Hub Rallies After Below Expected Storage Build

NATGAS

US Henry Hub rallies after a below expected build in US natural gas storage inventories.

    • US Natgas AUG 23 up 2.4% at 2.73$/mmbtu
  • The latest EIA weekly gas inventories for the week ending 23 June showed a build of +76bcf compared to expectation of a +82bcf build and the 5-year average for this time of year of +84bcf.
  • Total US inventories are still above the five year average at 2,805bcf compared to the average of 2,424bcf.


Source: EIA

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