natural gas

natural gas

Thursday, April 28, 2016

Analysts' Estimates For Today's EIA Weekly Storage Report

DJ Analysts Expect Increase in U.S. Natural-Gas Inventories



  By Christian Berthelsen


  Analysts expect government data scheduled for release on Thursday to show natural-gas inventories rose more than
average last week.

  The U.S. Energy Information Administration is expected to report storage levels increased 71.4 billion cubic feet
during the week ended April 22, according to the average forecast of 10 analysts, brokers and traders surveyed by The
Wall Street Journal.

  The EIA is scheduled to release its storage data for the week on Thursday at 10:30 a.m. ET.

  For the April 22 week, the median estimate was for an increase of 69.5 billion cubic feet. Estimates ranged from
increases of 65 bcf to 84 bcf.

  The estimate for April 22 compares with 84 bcf added to storage in the same week last year and a five-year average
increase of 52 bcf for that week.

  If the storage estimate is correct, inventories as of April 22 totaled 2.555 trillion cubic feet, 51% above year-ago
levels and 48% above the five-year average for the same week.
    --Write to Christian Berthelsen at christian.berthelsen@wsj.com


  (END) Dow Jones Newswires

  April 27, 2016 16:17 ET (20:17 GMT)

  Copyright (c) 2016 Dow Jones & Company, Inc.

042716 20:17 -- GMT
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1 comment:

  1. Trend in FII flows: The FIIs were Net Value of Rs -814.11 the cash segment Monday while the DIIs were Net Value of Rs 1342. as per the provisional figures.
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