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FX.co ★ US Natural Gas Stocks Rise Less Than Expected

US Natural Gas Stocks Rise Less Than Expected

U.S. energy companies injected 77 billion cubic feet (bcf) of natural gas into storage during the week ended October 30, coming in below market expectations for an 81 bcf build. Total gas inventories increased to 3.801 trillion cubic feet, 2.8% lower than at the same time last year but 1.4% above the five-year seasonal average. The latest data followed an 80 bcf injection in the prior week ended October 23.

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