May 26, 2022 11:43 GMT
US Natgas up 1.4% to 9.1$/mmbtu ahead of the EIA weekly stock data
- Prices have rallied from a low near 4.5$/mmbtu at the start of March on tight supplies, strong domestic and overseas demand, and low inventories.
- EIA inventories have been increasing in line with seasonal expectations in recent weeks. Stocks are maintaining at the low end of the 5-year range.
- A build of 89.3bcf is expected today after an 89bcf build last week and compared to the 5-year average of 90.8bcf.