Inventory Data Could Drag Natural Gas Prices Lower
The EIA (U.S. Energy Information Administration) will release the weekly natural gas in storage report on August 20, 2015. The government data showed that the natural gas stockpile rose by 65 Bcf (billion cubic feet) to 2,977 Bcf for the week ending August 7, 2015. The natural gas stocks might have risen due to the mild weather or oversupply factors.
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