The latest weekly natural gas storage report from the US Energy Information Administration (EIA) recorded an increase of 68bn cubic feet (Bcf) marginally below expectations of a build of around 69bn and a build of 73bn Bcf the previous week. Stocks were just under 861 Bcf higher than this time last year and over 835 Bcf above the five-year average. Overall stocks are running at 2.625trn Bcf level and are again back above the ceiling of the five-year range. Given the seasonal decline in heating demand, it will be even more difficult to work-off excess inventories, which will limit the potential for higher prices. On a ... (full story)