EIA: US natural gas inventory buildup above estimates

The Energy Information Administration released its report on US natural gas inventories, showing a buildup of 106 billion cubic feet in the week ending May 11, up from 89 billion in the previous reading, while analysts expected a 105 billion buildup. 

Total stocks now reached 1.538 trillion cubic feet, up from 1.432 trillion in the week ending May 4, but still below the total of the same period in 2017 at 2.359 trillion, while also below the five-year average at 2.039 trillion.