US natural gas inventories rise to 13th week

14/11/2024 Argaam

US natural gas inventories rose by 42 billion cubic feet (bcf) in the week ended Nov. 8, slightly under the anticipated 44-bcf rise.

 

This is considered the 13th successive weekly rise for natural gas inventories.

 

Total natural gas stocks reached 3.97 trillion cubic feet (tcf), up 4.1%, or approximately 158 bcf, compared to the same period last year, according to data released today, Nov. 8, by the US Energy Information Administration (EIA).

 

Additionally, inventories are 6.1%, or around 288 bcf, above the five-year average (2019-2023) of 3.74 tcf.

 

US Natural Gas Inventories (bcf)

Item

Last Year

Last Week

Current Week

Weekly Change

Natural Gas


3816

3932

3974

+42

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.