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Your search is now limited to «Liquefied Natural Gas» expert search. 06/04/2020 15:03
U.S. natural gas futures were little changed on Thursday as rising liquefied. natural gas (LNG) exports offset a smaller-than-expected weekly storage build and an increase in output. The U.S. Energy Information Administration (EIA) said utilities injected 102 billion cubic feet. (bcf) of gas into storage during the week ended May 29. That was less than the 110-bcf build analysts forecast in a Reuters poll and compares with an. increase of 118 bcf during the same week last year and a five-year (2015-19) average build of 103 bcf. for the period. The increase boosts stockpiles to 2.714 trillion cubic feet (tcf), 18.4% above the five-year average. of 2.292 tcf for this time of year. Front-month gas futures rose 0.1 cents, or 0.4%, to settle at $1.82.

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