U.S. Natural Gas Storage Rises in Week

Working natural gas in storage in the United States rose by 16 billion cubic feet (bcf) last week, according to estimates by the U.S. Energy Information Administration (EIA).

The implied flow for the week is an increase of 67 bcf to working gas stocks, the weekly report indicated.

The EIA data showed on Thursday that natural gas supplies reached 2.427 trillion cubic feet in the week ended June 11, down by 453 bcf compared with the same period of last year.

Natural gas stockpiles are now 126 bcf below the five-year average.