Open Demo Account
Home / Market Update / Commodities / U.S. Natural Gas Inventories Rise in Week

U.S. Natural Gas Inventories Rise in Week

M. Ali 22 July, 2021 8:40 pm Commodities, Market Update

Natural gas inventories in the United States increased by 49 billion cubic feet for the week ending July 16, the U.S. Energy Information Administration (EIA) reported on Thursday.

Total natural gas stockpiles reached 2.678 trillion cubic feet, down by 532 billion cubic feet compared with the same time last year.

The inventory level is below the five-year average by 176 billion cubic feet.

Tags

Check Also

Semi-Annual Policy Report: Fed needs greater confidence before moving to rate cuts

In its Semi-Annual Monetary Policy Report published on Friday, the Federal Reserve (Fed) noted that …

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