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US Falls After Above Expected EIA Build

NATGAS

US Natgas losing ground after an above expected EIA stock build.

  • US Natgas OCT 22 up 0.3% at 9.16$/mmbtu
  • US inventories built 61bcf compared to an expectation of a 58bcf build and a seasonal normal build of 46bcf.
  • Stocks are still well below normal at 2,640bcf compared to the 5-year average of 2,957bcf.

Source: EIA

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