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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.

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