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30.01.2025

EIA's report shows a tumble of 321 bcf in U.S. weekly natural gas inventories

The U.S. Energy Information Administration (EIA) informed on Thursday that natural gas inventories tumbled by 321 billion cubic feet (bcf) in the week that ended January 24. This marked the 11th straight weekly drop in natural gas inventories, which was the steepest since the week that ended January 19, 2024 (-326 bcf).

Economists had forecast a plunge of 313 bcf.

The previous week saw a decline of 233 bcf.

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