Open Demo Account
Home / Market Update / Commodities / Natural Gas Stockpiles Decline Less than Expected

Natural Gas Stockpiles Decline Less than Expected

M. Ali 3 December, 2020 10:14 pm Commodities, Market Update

Data by the United States Energy Information Administration (EIA) showed on Thursday that natural gas inventories declined by 1 billion cubic feet for the week ended November 27.

The decline is way below that expected by market experts.

Natural gas inventories amounted to a total of 3.939 trillion cubic feet, rising by 343 billion cubic feet compared with the same time last year.

Tags

Check Also

Gold Pauses After Four-Day Rally as Fed Decision Looms: World Gold Council Survey Shows Central Banks Buying More

Key Takeaways Gold steadies: Spot gold edged down 0.1% to $4,327.56 per ounce, while gold …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends