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United States: Natural gas inventories at their highest level in eight years

U.S. natural gas storage inventories remain at their highest level in eight years, according to forecasts ahead of the EIA report.

United States: Natural gas inventories at their highest level in eight years

CompaniesEnergy Information Administration, S&P Global Commodity Insights
SectorGaz, Pétrole, Gaz naturel
ThemeMarchés & Finance, Prix

According to the latest gas storage survey from S&P Global Commodity Insights, the Energy Information Administration (EIA) is expected to announce a withdrawal of just 1 billion cubic feet (Bcf) from US stocks for the week ending March 15. This forecast, based on a wide range of responses, indicates market expectations divided between withdrawals, injections, and no net change.

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