US Natural Gas Stocks Rise Less Than Expected

US energy companies injected 95 billion cubic feet (Bcf) of natural gas into storage in the week ended May 29, bringing total inventories to 2,578 Bcf. This followed a 92 Bcf increase in the previous week and came in below market expectations of a 101 Bcf build. Gas stocks were 3 Bcf lower than at the same time last year but remained 138 Bcf above the five-year average of 2,440 Bcf.