EIA: US natural gas inventory buildup slightly above estimates

Economies.com
2018-08-16 14:44PM UTC

The Energy Information Administration released its report on US natural gas stocks, showing a buildup of 33 billion cubic feet in the week ending August 19, adding to a 46 billion increase in the previous reading, while analysts expected a 30 billion addition. 

 

Total stocks are now up to 2.387 trillion cubic feet from 2.354 trillion in the week ending August 3, making it below the total of the same period in 2017 at 3.074 trillion, while also below the five-year average at 2.982 trillion. 

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