Commodity Market Report
North America gas markets weekly update: Highest prices in three years
Report summary
We are expecting injections of 54 bcf, 93 bcf and 89 bcf for the next three EIA storage reports through September 28. The storage deficit to the five year average was reported to be 586 bcf last week. We expect the storage deficit to 613 bcf in this week's report. It will be the biggest storage deficit since 2014. October futures have risen above $3.06 for the first time since September of 2015 as low inventories fears strengthen.
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