Europe’s Natural Gas Demand and Inventories Rose in July

Natural gas demand in the EU and UK rose in July compared to June, but inventories increased at a faster clip as Europe is moving to stockpile gas ahead of the winter, the latest data by the Joint Organizations Data Initiative (JODI) showed on Wednesday.   EU and UK natural gas demand rose by 1.3 bcm from June to 200.1 bcm in July, according to the JODI data shared by the Riyadh-based International Energy Forum (IEF). Globally, natural gas demand rose by 12.9 bcm in July from June, settling at higher than the 5-year seasonal average. Natural…