1057 ET - U.S. natural gas inventories rose by 120 billion cubic feet last week to 2,375 Bcf, or 90 Bcf above the five-year average for the time of year, the EIA reports. The injection was larger than the 87 Bcf average for the week, and slightly above the 116 Bcf estimate in a Wall Street Journal survey of analysts. With an early start to the injection season and mild spring weather, inventories have shifted from about a 12% deficit in early March to the current 3.9% surplus. Nymex futures are off 3.2% at$3.261/mmBtu. (anthony.harrup@wsj.com)
(END) Dow Jones Newswires
May 22, 2025 10:57 ET (14:57 GMT)
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