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Oct. 21, 2021, 10:34 a.m. EDT

EIA reports a weekly climb of 92 billion cubic feet in natural-gas supplies

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By Myra P. Saefong

The U.S. Energy Information Administration reported on Thursday that domestic supplies of natural gas rose by 92 billion cubic feet for the week ended Oct. 15. That was a bit larger than the average increase of 88 billion cubic feet forecast by analysts polled by S&P Global Platts. Total stocks now stand at 3.461 trillion cubic feet, down 458 billion cubic feet from a year ago and 151 billion cubic feet below the five-year average, the government said. Following the data, November natural gas extended its decline, trading down 11.5 cents, or 2.2%, at $5.062 per million British thermal units. Prices were at $5.107 shortly before the data.

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