Home / Market Update / Commodities / U.S. Natural Gas Inventories Down 171 BCF

U.S. Natural Gas Inventories Down 171 BCF

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.

Check Also

Oil Prices Steady as Supply Risks Balance Oversupply Concerns

Oil prices steadied in Asian trading on Thursday, holding near recent highs after a volatile …