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19.12.2024

EIA's report shows a drop of 125 bcf in U.S. weekly natural gas inventories

The U.S. Energy Information Administration (EIA) announced on Thursday that natural gas inventories dropped by 125 billion cubic feet (bcf) in the week that ended December 13. This marked the 5th straight weekly fall in natural gas inventories.

Economists had predicted a decline of 126 bcf.

The previous week recorded a tumble of 190 bcf.

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