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Economic news
06.06.2024

EIA's report shows a surge of 98 bcf in U.S. weekly natural gas inventories

The U.S. Energy Information Administration (EIA) reported on Thursday that natural gas inventories surged by 98 billion cubic feet (bcf) in the week that ended May 31. This marked the largest increase in natural gas inventories since the week ended June 2, 2023 (104 bcf).

Economists had expected a climb of 89 bcf.

The previous week witnessed a jump of 84 bcf.

See also