POLL-US natural gas stockpiles likely rose by 35 billion cubic feet last week
XLE•Poll participants
Following is a list of poll participants. All figures are in billion cubic feet:
| Organization | Forecasts in bcf |
|---|---|
| Price Futures Group | 19 |
| DTN | 29 |
| Energy Aspects | 32 |
| C H Guernsey | 34 |
| LSEG | 35 |
| SMC Report | 35 |
| Schneider Electric | 36 |
| Energy Ventures Analysis | 38 |
| Gelber & Associates | 38 |
| Natural Gas Intelligence | 39 |
Weather data and analyst forecasts
There were 99 total degree days (TDDs) last week, near the 30-year normal of 89 TDDs for the period, data from financial firm LSEG showed.
Total degree days measure the number of degrees a day's average temperature is above or below 65 degrees Fahrenheit (18 degrees Celsius) to estimate demand to cool or heat homes and businesses.
Reuters polled 10 analysts, whose estimates ranged from injections of 19 bcf to 39 bcf, with a median increase of 35 bcf.
Early estimates for the week ending July 24 ranged from injections of 19 bcf to 42 bcf, with an average increase of 34 bcf.
Those figures compare with an injection of 44 bcf during the same week last year and a five-year average increase of 26 bcf.
Reuters poll points to above-normal gas storage build
July 22 (Reuters) - U.S. energy firms likely added an above-normal 35 billion cubic feet of natural gas into storage last week, according to the average estimate in a Reuters poll released on Wednesday.
