Home / Market Update / Commodities / U.S. Natural Gas Supplies Rise in Week

U.S. Natural Gas Supplies Rise in Week

Working natural gas in storage in the United States rose by 55 billion cubic feet (bcf) last week, according to estimates by the U.S. Energy Information Administration (EIA).

The EIA data showed on Thursday that natural gas supplies reached 2.482 trillion cubic feet in the week ended June 18, down by 513 bcf compared with the same period of last year.

Natural gas stockpiles are now 154 bcf below the five-year average of 2,636 bcf.

Check Also

AUD Plummets to Five-Year Low as China’s Tariff Bombshell Rocks Global Markets

In a dramatic twist of global economic fortunes, the Australian dollar has crashed to its …