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US natural gas inventories rise less than expected

Published by Argaam · Saudi Arabia 2 d ago
US natural gas inventories rise less than expected
Argaam

Detailed summary

US natural gas inventories increased less than expected in the week ended Oct. 30, according to data from the Energy Information Administration (EIA), ...

US natural gas inventories increased less than expected in the week ended Oct. 30, according to data from the Energy Information Administration (EIA), exceeding the five-year average by 1.4%.

What does this signal? The data point to weaker gas demand amid milder October temperatures, potentially putting downward pressure on prices.

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