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EIA reports a weekly increase of 64 billion cubic feet in U.S. natural-gas supplies

Clyde Edgerton by Clyde Edgerton
September 21, 2023
in Markets
EIA reports a weekly increase of 64 billion cubic feet 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 64 billion cubic feet for the week ended Sept. 22. On average, that was spot on with estimates from analysts surveyed by S&P Global Commodity Insights. Total working gas in storage for the week was at 3.269 trillion cubic feet, up 410 billion cubic feet from a year ago and 183 billion cubic feet above the five-year average, the government said. In Thursday dealings, November natural gas traded at $2.95 per million British thermal units, up 3 cents, or 1%, on the New York Mercantile Exchange. Prices traded…



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