EIA: US natural gas inventory buildup below forecasts
Economies.com
2018-07-12 14:38PM UTC
The Energy Information Administration released its report on US natural gas inventories, showing a buildup of 51 billion cubic feet in the week ending July 6, adding to a 78B buildup in the previous week, while below expectations of a 55 billion increase.
Total stocks rose to 2.203 trillion cubic feet from 2.152 trillion in the week ending June 29, which is below the total of the same period in 2017 at 2.928 trillion, while also below the five-year average at 2.722 trillion.
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