U.S. natural gas storage levels on average are expected to rise by 31 billion cubic feet when weekly data from the U.S. Energy Information Administration are released today. In the weekly Reuters survey of 31 industry traders and analysts, injection estimates for the week ended Aug. 13 ranged from 23 to 41 bcf. Stocks rose an adjusted 54 bcf for the same week last year, while the five-year average gain for that week is 50 bcf.The median build in the survey was also 31 bcf. Besides, Natural gas moved lower despite a U.S. government report that showed a smaller-than-expected build in natural gas inventories last week. The U.S. Energy Information Administration reported that natural gas inventories increased by 27 billion cubic feet, which fell short of the consensus estimate for a build of 32 billion cubic feet. Natural Gas yesterday we have seen that market has moved -0.76%. Market has opened at 197.8 & made a low of 193.6 versus the day high of 204.1. The total volu...
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