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US natural gas storage climbs 40 Bcf to 1.49 Tcf as NYMEX future rally stalls

April 29, 2022 Comments Off

US working gas inventory expanded at a below-average pace in the third week of April, growing this season’s storage deficit to its widest yet, but failing to spur a bullish response from the NYMEX gas futures market. The US Energy Information Administration on April 28 announced another undersized injection of 40 Bcf to US gas storage for the week ending…