EIA's 87 Bcf Gas Storage Build Sends Futures Lower From 2.733 Settlement

EIA's 87 Bcf Gas Storage Build Sends Futures Lower From 2.733 Settlement

The EIA's July 30 Weekly Natural Gas Storage Report showed an 87 Bcf injection into U.S. storage, pushing NYMEX Henry Hub futures lower from the July 29 settlement of 2.733. A Bcf (billion cubic feet) measures gas volume. The build landed in a seasonally sensitive late-July window where injection figures shape trader expectations for winter supply adequacy.

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