US natural gas inventories rose by 69 billion cubic feet (bcf) in the week ended Nov. 1, slightly above the anticipated 64-bcf rise.
This is considered the 12th successive weekly rise for natural gas inventories.
Total natural gas stocks reached 3.93 trillion cubic feet (tcf), up 4.2%, or approximately 157 bcf, compared to the same period last year, according to data released today, Nov. 7, by the US Energy Information Administration (EIA).
Additionally, inventories are 5.8%, or around 215 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 |
3,775 |
3,863 |
3,932 |
+69 |
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