DJ Analysts See Little Change in U.S. Natural-Gas Inventories
By Christian Berthelsen
Analysts expect government data scheduled for release Thursday to show that natural-gas inventories remained
virtually unchanged last week.
The U.S. Energy Information Administration is expected to report that storage levels fell by 540 million cubic feet
of gas during the week ended April 8, according to the average forecast of 13 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 8 week, the median estimate is for a decline of 1 billion cubic feet. Estimates range from a draw of 14
bcf to a gain of 10 bcf.
The estimate for April 8 compares with 63 bcf added to storage for the same week last year and a five-year average
increase of 34 bcf for that week.
If the storage estimate is correct, inventories as of April 1 totaled 2.479 trillion cubic feet, 61% above levels
from a year ago and 47% above the five-year average for the same week.
(END) Dow Jones Newswires
April 13, 2016 14:34 ET (18:34 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
041316 18:34 -- GMT
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