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No Net Change in US Gas on EIA Data

NATGAS

US Natgas unchanged on EIA data after an initial reaction higher

  • US Gas up 6.0% on the day to 7.86$/mmbtu
  • EIA inventory build came roughly in line with both expectation and seasonal normal at 92bcf.
  • Total US gas stocks are now 2095bcf compared to the 5-year average of 2385bcf.

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