Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Rich Asplund

Nat-Gas Prices Retreat on Abundant US Supplies

July Nymex natural gas (NGN26) on Friday fell -0.107 (-3.21%).

Nat-gas prices retreated on Friday amid abundant US stockpiles and reduced flows to export terminals, which will further boost US domestic supplies. As of May 29, nat-gas inventories were +5.7% above their 5-year seasonal average, signaling adequate nat-gas supplies. Also, net flows to US LNG export terminals on Friday were just above 17.0 bcf/day, near the lowest level in more than two weeks, which will boost domestic supplies further as seasonal maintenance continues to limit exports.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.