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Surprisingly Hefty Storage Build Sends Natural Gas Futures Tumbling

Natural Gas Intelligence · last updated

The U.S. Energy Information Administration (EIA) on Thursday reported a larger-than-expected injection of 90 Bcf into natural gas storage for the week ended Sept. 12, sending futures sharply lower.

Natural Gas Intelligence's (NGI) U.S. Energy Information Administration natural gas storage chart.

At A Glance:

  • EIA build exceeds expectations
  • October futures sent sharply lower
  • Inventories on pace toward 4.0 Tcf

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