FX.co ★ US Natural Gas Storage Rises Last Week: EIA

U.S. utilities increased their natural gas storage by 109 billion cubic feet for the week ending June 6, bringing the total to 2.707 trillion cubic feet. This addition aligns with market forecasts. Although stock levels have risen, they are still 8.6% lower compared to the same period last year, yet remain 5.4% higher than the five-year average. This expansion continues the trend of building reserves in preparation for the summer months in North America.