Natural Gas Range Bound Above The Season's Floor
May 16, 2021 at 08:38 AM EDT
Natural Gas futures on the NYMEX remained flat during the week closing at $2.97 on Friday. EIA reported on Thursday a build of 75 Bcf after reclassification. Total inventory is currently at 2,029 Bcf, 15.7% lower y/y, 3.4% below the 5-year average.
