US natural gas inventories rise more than expected

The Energy Information Administration released its report on US natural gas stocks, showing a buildup of 61 billion cubic feet in the week ending June 16, down from 78 billion in the previous reading, while above expectations of a 55B buildup. 

Total stocks have now risen to 2.770 trillion cubic feet from 2.709 trillion in the week ending June 9, which is below the total of the same period in 2016 at 3.094 trillion, while above the five-year average of 2.563 trillion.