3/17, 3:37 PM (Source: TeleTrader)
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EIA: US gas inventories decline by 79B cubic feet

Working gas in storage across the United States declined by more than expected 79 billion cubic feet to land at 1,440 billion cubic feet in the week ending March 11, according to a report published by the Energy Information Administration on Thursday.

Compared to the previous year, gas stocks stood 344 billion cubic feet lower and 304 billion cubic feet below the five-year average of 1,744 billion cubic feet. However, the total working gas remained within the five-year historical range at 1,440 billion cubic feet, the EIA concluded.

Baha Breaking News (BBN) / ND