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U.S. Natural Gas Inventories Down 171 BCF

M. Ali 11 February, 2021 8:47 pm Commodities, Market Update

Natural gas inventories in the United States decreased by 171 billion cubic feet (Bcf) during the week ended February 5, according to data by the U.S. Energy Information Administration (EIA) on Thursday.

The total amount of natural gas stockpiles currently stands at 2.518 trillion cubic feet (Tcf), declining by 9 Bcf compared with the same period of last year.

However, inventories remain higher by 152 Bcf above the five-year average.

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