Gas Inventory
US natural gas stocks rise by 37 bcf in week ended Mar 21, says EIA
This story was originally published at 14:04 IST on 28 March 2025
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MUMBAI – Natural gas inventory in the US rose by 37 billion cubic feet in the week ended Mar. 21, according to data from the US Energy Information Administration. The inventory was 6.5% lower than the five-year average for this time of the year, the agency said in its weekly report.
The agency pegged the total gas in underground storage at 1.74 trillion cubic feet as of Mar. 21, 24.2% lower than 2.30 trillion cubic feet a year ago. The stocks were 122 billion cubic feet less than the five-year average of 1.87 trillion cubic feet, according to the report.
Total working gas remained within the five-year historical range. The East, Mid-west, and the Salt and Non-Salt south-central regions recorded a rise in stocks, while the Mountain and Pacific regions recorded a decline, according to the release.
At 1317 IST, the most-active May contract of natural gas on the New York Mercantile Exchange was at $3.90 per million British thermal units, down 0.5% from Thursday's close. End
US$1 = INR 85.52
IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT
Reported by Ashutosh Pati
Edited by Ashish Shirke
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