US natural gas inventory net change of +14 bcf for week ended July 28 - EIA - Seeking Alpha

US natural gas inventory net change of +14 bcf for week ended July 28 - EIA | Seeking Alpha

US natural gas inventory net change of +14 bcf for week ended July 28 - EIA
Nomi2626

- Stocks for the week ended July 28, 2023 were 3,001 Bcf vs. 2,987 Bcf for the week ended July 21, 2023.
- Net change +14 Bcf vs. +16 Bcf for the week ended July 21, 2023.
- Consensus estimate for net change: +17 Bcf.
- Stocks were 550 Bcf higher than last year at this time and 322 Bcf above the five-year average of 2,679 Bcf.
- At 3,001 Bcf, total working gas is within the five-year historical range.
- Futures ( NG1:COM+1.86%)
- ETFs: UNG, BOIL, KOLD, UGAZF, DGAZ, FCG, UNL, GAZ, HNU:CA, HND:CA, HUN:CA

Click here to read the full EIA Weekly Natural Gas Storage Report.

Image Source: EIA