Natural Gas Storage Levels Rise, Surpassing Forecasts

The latest data from the Energy Information Administration (EIA) reveals a notable increase in natural gas storage levels, as the U.S. reported an addition of 80 billion cubic feet (Bcf) to its underground storage facilities. This figure surpasses the anticipated forecast of 75 Bcf, indicating a higher-than-expected build in inventories. The actual increase of 80 ...