Bullish Storage Print Sends Natural Gas Futures Surging


The U.S. Energy Information Administration (EIA) reported an injection of 99 Bcf natural gas into storage for the week ended May 12. The result came in well below median estimates and bolstered Nymex natural gas futures.
The June Nymex futures contract was up 1.7 cents at $2.382/MMBtu prior to the 10:30 a.m. ET inventory report. The prompt month jumped to $2.465 – up 10.0…

This story from was posted on 2023-05-18 by @birdsky.


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