EIA delivers consecutively bullish US gas storage report, lifting NYMEX futures

The US Energy Information Administration delivered yet another bullish US natural gas storage report Sept. 12, reporting a 40 Bcf injection to domestic inventory during the first week of September. The latest weekly injection reported by EIA was 10 Bcf, or 20%, smaller than the consensus estimate from S&P Global Commodity Insights’ weekly gas storage survey , which predicted a…The US Energy Information Administration delivered yet another bullish US natural gas storage report Sept. 12, reporting a 40 Bcf injection to domestic inventory during the first week of September. The latest weekly injection reported by EIA was 10 Bcf, or 20%, smaller than the consensus estimate from S&P Global Commodity Insights’ weekly gas storage survey , which predicted a…Read More