US natural gas inventories rise to 11th week

31/10/2024 Argaam

US natural gas inventories rose by 78 billion cubic feet (bcf) in the week ended Oct. 25, slightly below the anticipated 79-bcf rise.

 

This is considered the 11th successive weekly rise for natural gas inventories.

 

Total natural gas stocks reached 3.86 trillion cubic feet (tcf), up 2.8%, or approximately 107 bcf, compared to the same period last year, according to data released today, Oct. 31, by the US Energy Information Administration (EIA).

 

Additionally, inventories are 4.8%, or around 178 bcf, above the five-year average (2019-2023) of 3.68 tcf.

 

US Natural Gas Inventories (bcf)

Item

Last Year

Last Week

Current Week

Weekly Change

Natural Gas

3,756

3,785

3,863

+78

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