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U.S. Natural Gas Inventories Rise by 67 Bcf to 3,567 Bcf

The build was below the 76-Bcf consensus. Natural gas futures rose 1.7% to $3.25 per million British thermal units at 10:30 a.m. ET (14:30 UTC) Oct. 15.

A steel pipeline feeds a cavern beneath a sunlit storage field / TokenPost.ai
A steel pipeline feeds a cavern beneath a sunlit storage field / TokenPost.ai

U.S. natural gas inventories increased by 67 billion cubic feet in the week ended Oct. 9, reaching 3,567 Bcf and coming in below the 76-Bcf consensus for the weekly build.

Storage stood at 3,500 Bcf for the week ended Oct. 2, following an 85-Bcf increase from 3,415 Bcf the prior week. The earlier weekly inventory update covered that rise.

Natural gas futures climbed 1.7% to $3.25 per million British thermal units at 10:30 a.m. ET (14:30 UTC) Oct. 15.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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