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24.10.2024

EIA's report shows a rise of 80 bcf in U.S. weekly natural gas inventories

The U.S. Energy Information Administration (EIA) informed on Thursday that natural gas inventories rose by 80 billion cubic feet (bcf) in the week that ended October 18. This marked the 10th straight weekly gain in natural gas inventories.

Economists had predicted a surge of 61 bcf.

The previous week posted an increase of 76 bcf.

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