Home / Market Update / Commodities / US Natural Gas Inventories Add 70 B BCF

US Natural Gas Inventories Add 70 B BCF

Natural gas inventories in the United States increased by 70 billion bcf last week, according to the US Energy Information Administration (EIA) Natural Gas Storage report.

The rise in natural gas stockpiles comes compared with market expectations of a 68 billion bcf increase, after a 35 billion bcf increase in the week before.

Check Also

Earthquake and Monetary Policy Collide: Why the Yen is Under Pressure

The global currency market is currently witnessing a dramatic tug-of-war as the US Dollar gains …