Recent Trends: The Energy Information Administration (EIA) reported the seventh consecutive weekly gain in inventories since late April, indicating a steady buildup ahead of summer demand.
Regional Highlights:
East: 340 Bcf
Midwest: 396 Bcf
Mountain: 166 Bcf
Pacific: 199 Bcf
South Central: 658 Bcf
Next inventory report is June 12 2025
June 5 - 122B Build
May 29 - 101B build
May 22 - 120B Build
These last builds have come in higher than consensus andd price is still holding.
A weekly Bullish cross of the 7 / 20 MA is about to occur. This indicates high provability of higher prices on the next few months if this can hold above the key MA's.
Regional Highlights:
East: 340 Bcf
Midwest: 396 Bcf
Mountain: 166 Bcf
Pacific: 199 Bcf
South Central: 658 Bcf
Next inventory report is June 12 2025
June 5 - 122B Build
May 29 - 101B build
May 22 - 120B Build
These last builds have come in higher than consensus andd price is still holding.
A weekly Bullish cross of the 7 / 20 MA is about to occur. This indicates high provability of higher prices on the next few months if this can hold above the key MA's.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.