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EIA reports a smaller-than-expected weekly rise in U.S. natural-gas supplies

Clyde Edgerton by Clyde Edgerton
June 15, 2023
in Markets
EIA reports a smaller-than-expected weekly rise in U.S. natural-gas supplies
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The U.S. Energy Information Administration reported on Thursday that U.S. natural-gas supplies in storage rose by 84 billion cubic feet for the week ended June 9. Analysts called for a storage increase of 95 billion cubic feet on average, according to a survey conducted by S&P Global Commodity Insights. Total working gas in storage for the latest week was at 2.634 trillion cubic feet, up 552 billion cubic feet from a year ago and 353 billion cubic feet above the five-year average, the government said.

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