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US Gas Stockpiles Fell 2.55% WoW: EIA

NATURAL GAS

US working gas in storage declined by 2.55% last week, posting a sharper weekly decline than in the previous week, EIA estimates show.

  • Working gas in storage was 3,325 Bcf as of 16 Dec, 45 Bcf lower year on year but stocks remained 22 BCF above the five-year average.
  • Storage saw a net decrease of 87 Bcf from the previous week, compared with a decline of 50 Bcf a week earlier.
  • US Natgas JAN 23 down -1.1% at 5.28$/mmbtu

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