US natural gas inventories fall more than expected

19/12/2024 ِArgaam

The US natural gas inventories decreased by 125 billion cubic feet (Bcf) during the week ended Dec. 13, above expectations of a 123-Bcf decline.

 

Total natural gas reserves amounted to 3.62 trillion cubic feet, an increase of 0.6%, or about 20 Bcf, compared to the same period last year, showed the data from the US Energy Information Administration.

 

The current inventories are higher by 3.8%, or about 132 Bcf, above the five-year average (2019-2023) of 3.49 trillion cubic feet.

 

US Natural Gas Inventories (Bcf)  

Item  

Last Year  

Last Week

Current  

Weekly Change  

Natural gas   

3,602

3,747

3,622

(125)

 

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