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05.12.2024

EIA's report shows a fall of 30 bcf in U.S. weekly natural gas inventories

The U.S. Energy Information Administration (EIA) reported on Thursday that natural gas inventories fell by 30 billion cubic feet (bcf) in the week that ended November 29. This marked the 3rd straight weekly draw in natural gas inventories.

Economists had expected a drop of 43 bcf.

The previous week witnessed a decrease of 2 bcf.

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