Commodities Buzz: EIA Reported 52 BCF Injection In US Natural Gas Inventories

28 Oct 2022 , 02:36 PM

The US Energy Information Administration or EIA reported a 52 Bcf injection to natural gas inventories. The weekly build was also smaller than the five-year average injection of 66 Bcf and just a fraction of the year-ago stock addition that totaled 88 Bcf in the corresponding week, EIA data showed.The US inventory levels climbed to 3.394 Tcf during the week, widening the deficit to 197 Bcf or about 5.5% below the prior five-year average. Powered by Commodity Insights