Commodities Buzz: US Natural Gas Working Stocks Up 58 Bcf

15 Jul 2022 , 02:56 PM

The US natural gas working stocks rose 58 Bcf during the week ended July 8. Storage inventories climbed to 2.369 Tcf for the week ended July 8, the US Energy Information Administration reported on July 14. The weekly injection was more than the 49 Bcf build reported during the corresponding week in 2021 as well as the five-year average injection of 55 Bcf, according to EIA data. As a result, stocks sat 252 Bcf, or 9.6%, below the year-ago level of 2.621 Tcf and 319 Bcf, or 11.9%, less than the five-year average of 2.688 Tcf.Powered by Commodity Insights