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Commodities Buzz: US Natural Gas Inventories Up 92 BCF
26-Apr-24   12:33 Hrs IST

The US Energy Information Administration or EIA released its natural gas inventory report yesterday, showing a net increase of 92 Bcf as of April 19, 2024 compared to week ago level. Working gas in storage was 2,425 Bcf as of Friday, April 19, 2024, according to EIA estimates. This represents a net increase of 92 Bcf from the previous week. Stocks were 439 Bcf higher than last year at this time and 655 Bcf above the five-year average of 1,770 Bcf. At 2,425 Bcf, total working gas is within the five-year historical range.

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