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EquityWireGas Stocks: US natural gas stocks rise by 109 bcf in week ended Jun 6, says EIA
Gas Stocks

US natural gas stocks rise by 109 bcf in week ended Jun 6, says EIA

This story was originally published at 14:13 IST on 13 June 2025
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Informist, Friday, Jun. 13, 2025

 

MUMBAI – US natural gas inventory rose by 109 billion cubic feet in the week ended Jun. 6, according to data from the US Energy Information Administration. The inventory was over 5% higher than the five-year average for this time of the year, the agency said in its weekly report.

 

The agency pegged total gas in underground storage at 2.71 trillion cubic feet as of Jun. 6, over 8% lower than 2.96 trillion cubic feet a year ago. The stocks are 139 billion cubic feet higher than the five-year average of 2.57 trillion cubic feet, the report said.

 

Total working gas remained within the five-year historical range. All the regions of the US--the east, mid-west, mountain, Pacific, and the Salt and Non-Salt south-central regions--saw a rise in inventory. At 1347 IST, the most-active July contract of natural gas on the New York Mercantile Exchange was at $3.52 per million British thermal units, up 0.8% from Thursday's close.  End

 

US$1 = INR 85.99

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Reported by Ashutosh Pati

Edited by Akul Nishant Akhoury

 

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