U.S. Natural Gas Inventories Down 14 bcf in Week

Natural gas inventories in the United States increased by 14 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 1.764 trillion cubic feet, decreasing by 225 bcf compared with the same period of last year.

Moreover, natural gas stockpiles are below the five-year average by 36 bcf.