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

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.

Tags

Check Also

Coca-Cola Delivers Strong Earnings Boost as Investors Debate Whether the Rally Has Gone Too Far

Coca-Cola kicked off 2026 with stronger-than-expected financial results, fueled by rising consumer demand, successful marketing …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends