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21.11.2024

EIA's report shows a decrease of 3 bcf in U.S. weekly natural gas inventories

The U.S. Energy Information Administration (EIA) reported on Thursday that natural gas inventories decreased by 42 billion cubic feet (bcf) in the week that ended November 15. This was the first weekly drop in natural gas inventories in 14 weeks.

Economists had predicted a rise of 5 bcf.

The previous week saw an advance of 42 bcf.

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