US natural gas inventories rose less than expected during the week ending May 1, according to data released Thursday by the Energy Information Administration (EIA).

 

US Natural Gas Inventories (bcf)

 

Item

Last Year

Last Week

Current Week

Weekly Change

Forecasts

Natural Gas

2,130

2,142

2,205

+63

+76
 

Interpretation? These data reflect weak demand for natural gas, with heating-related consumption declining and demand for cooling purposes not rising strongly so far.

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Natural Gas
3.27
0.05 1.61%

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