Advertisement
Canada markets closed
  • S&P/TSX

    21,885.38
    +11.66 (+0.05%)
     
  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     
  • DOW

    38,085.80
    -375.12 (-0.98%)
     
  • CAD/USD

    0.7324
    +0.0026 (+0.36%)
     
  • CRUDE OIL

    83.78
    +0.97 (+1.17%)
     
  • Bitcoin CAD

    88,569.45
    +1,052.09 (+1.20%)
     
  • CMC Crypto 200

    1,399.78
    +17.20 (+1.24%)
     
  • GOLD FUTURES

    2,344.30
    +5.90 (+0.25%)
     
  • RUSSELL 2000

    1,981.12
    -14.31 (-0.72%)
     
  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     
  • NASDAQ

    15,611.76
    -100.99 (-0.64%)
     
  • VOLATILITY

    15.37
    -0.60 (-3.76%)
     
  • FTSE

    8,078.86
    +38.48 (+0.48%)
     
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     
  • CAD/EUR

    0.6821
    +0.0002 (+0.03%)
     

Why Natural Gas Inventories Pressured Natural Gas Prices

Why Natural Gas Inventories Pressured Natural Gas Prices

On May 3, 2018, the EIA released its weekly natural gas storage report. It reported that US natural gas inventories increased by 62 Bcf (billion cubic feet) to 1,343 Bcf between April 20 and April 27. However, inventories declined by 903 Bcf, or 40.2%, year-over-year.