Data from the EIA showed a slight build in inventories of 3.5 million barrels, which aligns with 2026 forecasts for a structural surplus environment. This outlook has provided some relief regarding potential supply disruptions. In the Natural Gas futures market, prices declined following a three-day rally. Despite U.S. liquefied natural gas terminals operating at near maximum capacity, the EIA has raised its full-year 2026 forecast for Henry Hub to 4.30, a 23% increase from previous estimates. Inventories are projected to end the season below prior expectations at 1.9 trillion cubic feet.
https://www.cmegroup.com/markets/energy.html
#CrudeOil #NaturalGas #Energy
https://www.cmegroup.com/markets/energy.html
#CrudeOil #NaturalGas #Energy