Analysts' Estimates For Tomorrow's EIA Weekly Natural Gas Storage Report

DJ Analysts See 54 Billion-Cubic-Feet Rise in U.S. Natural-Gas Inventories

   By Nicole Friedman


  Analysts and traders expect government data scheduled for release Thursday to show natural-gas inventories rose by
more than typical levels for this time of year.

  The U.S. Energy Information Administration is expected to report that 54 billion cubic feet of gas were added to
storage during the week ended July 24, according to the average forecast of 17 analysts 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. EDT.

  For the July 24 week, the median estimate is for a rise of 54 bcf. Estimates range from an increase of 47 bcf to a
rise of 59 bcf.

  The estimate for July 24 is below last year's 88-bcf build in storage for the same week, and more than the 48-bcf
five-year average build for that week.

  If the storage estimate is correct, inventories as of July 24 will total 2.882 trillion cubic feet, 26% above the
year-ago level and 3.1% above the five-year average for the same week.


  Write to Nicole Friedman at nicole.friedman@wsj.com


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  (END) Dow Jones Newswires

  July 29, 2015 14:22 ET (18:22 GMT)

  Copyright (c) 2015 Dow Jones & Company, Inc.

072915 18:22 -- GMT
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