-Standard Chartered Bank
In the meantime, according to the Energy Information Agency, the natural gas storage advanced more-than-expected in June. Natural gas stocks went up by 64 billion cubic feet for the week ending July 8. Analysts, in turn, were expecting a storage addition in a range of 55 billion to 65 billion cubic feet. Meanwhile, the five-year average for the week is an injection of around 77 billion cubic feet.
© Dukascopy Bank SA