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US Natgas Edging Higher After EIA Stock Data


US Natgas edging higher after a build of +111bcf in US gas inventories according to EIA data.

  • US Natgas NOV 22 down -1.1% at 5.4$/mmbtu
  • Expectation was for a build of +105bcf compared to a 5-year average of a +73bcf build at this time of year.
  • Total inventories of 3,342bcf are now just 4.2% below the five-year average level.

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