US natural gas inventories rise to 13th week

14/11/2024 Argaam

US natural gas inventories rose by 42 billion cubic feet (bcf) in the week ended Nov. 8, slightly under the anticipated 44-bcf rise.

 

This is considered the 13th successive weekly rise for natural gas inventories.

 

Total natural gas stocks reached 3.97 trillion cubic feet (tcf), up 4.1%, or approximately 158 bcf, compared to the same period last year, according to data released today, Nov. 8, by the US Energy Information Administration (EIA).

 

Additionally, inventories are 6.1%, or around 288 bcf, above the five-year average (2019-2023) of 3.74 tcf.

 

US Natural Gas Inventories (bcf)

Item

Last Year

Last Week

Current Week

Weekly Change

Natural Gas


3816

3932

3974

+42

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