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EIA: US gas inventories down by 151 billion cubic feet

Working gas in storage across the United States dropped 151 billion cubic feet in comparison to the previous week to reach 2,583 billion cubic feet, the Energy Information Administration (EIA) revealed in its report on Thursday.

On an annual basis, the natural gas stockpiles increased by 222 billion cubic feet, rising by 163 billion cubic feet above the five-year average of 2,420 billion cubic feet. Nevertheless, the total working gas remained within the five-year historical range.

Baha Breaking News (BBN) / MX