US natural gas inventories rise below expectations

17/10/2024 Argaam

US natural gas inventories rose by 76 billion cubic feet (bcf) in the week ended Oct. 11, falling short of the anticipated 80-bcf rise.

 

Total natural gas stocks reached 3.70 trillion cubic feet (tcf), up 3%, or approximately 107 bcf, compared to the same period last year, according to data released today, Oct. 17, by the US Energy Information Administration (EIA).

 

Additionally, inventories are 4.6%, or around 163 bcf, above the five-year average (2019-2023) of 3.54 tcf.

 

US Natural Gas Inventories (bcf)

Item

Last Year

Last Week

Current Week

Weekly Change

Natural Gas

3,598

3,629

3,705

+76

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