Highlights 129 Bcf injection well above 114 Bcf analyst forecast Deficit to five-year average at nine-month low US natural gas injections totaled 129 Bcf in the week ending Sept. 30, marking the largest injection into US storage facilities in more than seven years, the US Energy Information Administration said Oct. 6. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Gas injections for the week outpaced a consensus forecast for a 114 Bcf injection, according to the S&P Global Commodity Insights weekly survey of gas industry analysts. The 129 Bcf injection marked the largest boost to storage inventories since the week ending May 29, 2015. Ahead of the EIA storage report’s publication, the front-month NYMEX Henry Hub contract was trading just above $7/MMBtu, up from a $6.93/MMBtu settle recorded Oct. 5. Following the report, the contract fell back, trading around $6.93/MMBtu at 10:40 am ET. The […]

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