The price is light

Published at 18:23 6 Jun 2019 by

Today’s report (week ended 31 May): EIA net change: +119 bcf, EA: +109 bcfFor a second week in a row, today’s print was well outside consensus estimates near 109-110 bcf. Our flow model, at 111 bcf, pointed to the risk of a higher number. We had previously built in a 1.4 bcf/d holiday impact for the…

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