EIA reports less-than-expected US natural gas inventory buildup
Economies.com
2017-07-20 14:34PM UTC
The Energy Information Administration released its report on US natural gas inventories, showing a buildup of 28 billion cubic feet in the week ending July 14, adding to the previous reading's 57B increase, and below expectations of 38B.
Total stocks have now reached 2.973 billion cubic feet from 2.945 billion in the week ending July 7, which is below the total in the same period of 2016 at 3.272 trillion, while above the five-year average at 2.832 trillion.
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