US natural gas inventories rose for the fifth successive week, adding 101 billion cubic feet (bcf) during the week ended May 23, exceeding expectations of a 93-bcf increase.
Data issued by the US Energy Information Administration (EIA) today, May 29, showed that total natural gas inventories stood at 2.476 trillion cubic feet (tcf), down 11.3% from the same week last year.
Additionally, inventories were 3.9% above the five-year average (2020-2024) of 2.383 tcf.
|
US Natural Gas Inventories (bcf) |
||||
|
Item |
Last Year |
Last Week |
Current Week |
Weekly Change |
|
Natural Gas |
2,792 |
2,375 |
2,476 |
+101 |
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