EIA: US natural gas inventories rise below expectations

The Energy Information Administration released its report on US natural gas inventories, showing a buildup of 17 billion cubic feet in the week ending July 21, scaling down from 28 billion in the previous reading, while analysts expected the same 28B increase. 

Total stocks have now reached 2.990 trillion cubic feet, up from 2.973 trillion in the week ending July 14, which is below the total in the same period of 2016 at 3.292 trillion, while above the five-year average at 2.879 trillion.