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NATGAS: US Natgas Storage on Track to End Summer at Four-Year High

NATGAS
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US natural gas storage is on track to end the April-October summer injection season at a four-year high of 3.908 Tcf on Oct. 31, according to Reuters estimates.

  • That compares with 3.809 Tcf at the end of summer injection 2023 and the five-year average of 3.747 Tcf.
  • The Nov-March winter withdrawal season will cut storage to 1.775 Tcf by March 31, analysts forecast, a three-year low.
  • This compares with the five-year average of 1.874 Tcf.
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US natural gas storage is on track to end the April-October summer injection season at a four-year high of 3.908 Tcf on Oct. 31, according to Reuters estimates.

  • That compares with 3.809 Tcf at the end of summer injection 2023 and the five-year average of 3.747 Tcf.
  • The Nov-March winter withdrawal season will cut storage to 1.775 Tcf by March 31, analysts forecast, a three-year low.
  • This compares with the five-year average of 1.874 Tcf.