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U.S. Natural Gas Storage Rises in Week

M. Ali 6 May, 2021 7:42 pm Commodities, Market Update

Natural gas inventories in the United States increased by 60 billion cubic feet (bcf) last week, according to data by the U.S. Energy Information Administration (EIA).

The EIA weekly report showed on Thursday that natural gas supplies reached 1.7958 trillion cubic feet, decreasing by 345 bcf compared with the same period of last year.

Moreover, natural gas stockpiles are below the five-year average by 61 bcf.

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