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26.09.2024

EIA's report shows an increase of 47 bcf in U.S. weekly natural gas inventories

The U.S. Energy Information Administration (EIA) reported on Thursday that natural gas inventories increased by 47 billion cubic feet (bcf) in the week that ended September 20. This marked the sixth straight weekly gain in natural gas inventories, which was also the strongest one since early July (+65 bcf).

Economists had forecast a build of 52 bcf.

The previous week posted a rise of 58 bcf.

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