EIA: US natural gas inventory buildup barely below estimates

Economies.com
2018-10-18 14:35PM UTC

The Energy Information Administration released its report on US natural gas stocks, showing a build of 81 billion cubic feet in the week ending October 12, adding to the 90 billion increase in the previous reading, while analysts expected an 85B addition. 

 

Total stock are now up to 3.037 trillion cubic feet from 2.956 trillion in the week ending October 5, which is below the total of the same period in 2017 at 3.638 trillion, while also below the five-year average at 3.642 trillion. 

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