Home / Market Update / Commodities / US Natural Gas Storage Declines 4.1% in Week

US Natural Gas Storage Declines 4.1% in Week

Natural gas storage in the United States declined last week by 152 billion standard cubic feet (bscf) to stand at a total of 3,574 bscf, declining by around 4.1%, according to data by the U.S. Energy Information Administration (EIA) on Wednesday.

On an annual basis, natural gas inventories rose by 8.4%.

Check Also

Daly Signals Caution: Fed Ready to Hold, But Not Ruling Out Rate Cuts

Mary Daly has reinforced the Federal Reserve’s cautious stance, emphasizing that interest rates will likely …