EIA Reports Weekly Rise in U.S. Natural Gas Supplies

Natural gas inventories in the United States increased by 98 billion cubic feet (bcf) last week, according to estimates by the U.S. Energy Information Administration (EIA).

The EIA weekly report showed on Thursday that natural gas supplies reached 2.313 trillion cubic feet, decreasing by 386 bcf compared with the same period of last year.

Moreover, natural gas stockpiles are now 61 bcf below the five-year average of 2,374 bcf.