The US Energy Information Administration reported a larger-than-expected injection of 77 Bcf to gas storage for the week ended April 29. The US working gas inventories climbed to 1.567 Tcf. The storage deficit to 2021 narrowed again as stocks climbed to 382 Bcf, or about 20%, below the year-ago level of 1.949 Tcf. The inventory deficit to the prior five-year average expanded to its widest yet this season, leaving stocks 306 Bcf, or about 16%, below the historical average of 1.873 Tcf, EIA data showed.Powered by Commodity Insights
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