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FxWirePro: U.S. Natural gas inventory preview
Natural gas is currently trading at $2.62 per MMBtu.
Key factors at play in the natural gas market –
Now, for the inventory,
According to the latest numbers, working gas in the underground storage remains at 1.653 trillion cubic feet (Tcf). Stocks are 130 bcf higher less than last year, and 286 bcf below the five-year average. The chart from EIA shows the level of inventory. The second chart from investing.com shows weekly changes in inventory.
EIA will release the inventory report at 14:30 GMT.