US natural gas inventories rise below expectations

17/10/2024 Argaam

US natural gas inventories rose by 76 billion cubic feet (bcf) in the week ended Oct. 11, below the expected increase of 80 bcf. 

 

The US Energy Information Administration reported today, Oct. 17, that total natural gas inventories reached 3.705 trillion cubic feet (tcf), 3% (almost 107 bcf) higher than the same period last year.

 

Inventories are also 4.6% (nearly 163 bcf) above the five-year (2019-2023) average of 3.35 tcf.

 

US Natural Gas Inventories (bcf)

Item

Last Year

Last Week

Current Week

Weekly Change

Natural Gas

3,598

3,629

3,705

+76

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