Natural gas inventories rose by 7 bcm in April, but declined by 27.5 bcm y/y

Global natural gas demand saw a slight dip, led by lower consumption in China and the U.S., while production edged up, especially in North America and Asia. Notably, LNG trade volumes decreased month-on-month but remained higher year-on-year, underscoring resilient long-term growth. Inventory levels stayed below seasonal norms, hinting at continued supply tightness as markets rebalance. Source: IEF Monthly Oil & […]