The U.S. Energy Information Administration's next storage report slated for release on Thursday is expected to show an increase of 80 billion cubic feet for the week ending October 31.
Inventories rose by 35 billion cubic feet in the same week a year earlier, while the five-year average change is a build of 42 billion cubic feet.
Natural gas storage in the U.S. rose by 87 billion cubic feet last week.
Great. I doubled on this trade last year. Thinkin we will see 30 at least in the next 4 months. I will set my sell trigger a bit south of 35, so my 11 dollar cost basis feels pretty good.
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