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EIA US gas storage report likely bullish again, though closer to average

June 7, 2022 Comments Off

Milder temperatures last week likely allowed more US natural gas supply to flow into storage, briefly pausing the rally in Henry Hub futures prices ahead of an anticipated ramp in summer gas demand. The US Energy Information Administration this week is expected to report a 96 Bcf injection to US gas storage for the week ended June 3, according to…