1057 ET - U.S. natural gas futures slip as the EIA reports a second straight triple-digit weekly inventory build. Gas in underground storage increased by 104 billion cubic feet last week to 2,145 Bcf, which was 30 Bcf or 1.4% above the five-year average. The injection was slightly bigger than the 101 Bcf estimate in a Wall Street Journal survey of analysts. With an early start to the injection season, storage has flipped from a 230 Bcf deficit in the first week of March to the current surplus. Nymex natural gas is off 0.7% at $3.595/mmBtu. (anthony.harrup@wsj.com)
(END) Dow Jones Newswires
May 08, 2025 10:58 ET (14:58 GMT)
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