FX.co ★ US Natural Gas Storage Rises More than Expected

During the week ending March 14, 2025, U.S. utilities added 9 billion cubic feet of natural gas to their storage facilities, surpassing market expectations, which anticipated a 3 billion cubic feet increase. This was the first time since November 2024 that U.S. natural gas stocks experienced a rise. The South Central region, with a considerable 28 bcf increase, more than compensated for the withdrawals observed in other areas: 12 bcf in the East, 4 bcf in the Midwest, and 3 bcf in the Pacific. Current storage levels are now 26.8% lower than this time last year and are 10% below the five-year average.