A Reuters poll consensus is for a 111 Bcf storage build when the Energy Information Administration issues storage data Thursday for the week ended May 31.

摘要

Estimates range from injections of 104 Bcf to 124 Bcf. This compares with the five-year average injection of 102 Bcf and last year's 93 Bcf build. “Last week consisted of record Southeast heat and the strongest power generation of the season so far, but the timing of the Memorial Day holiday weekend likely prevented demand from climbing as much as it otherwise would have,” Gelber & Associates analyst Daniel Myers said. “If this injection does come in on the lower end, the market may find that it oversold in reaction to last week’s striking number. However, a larger storage addition will send prices spiraling further downward.”