Commodities Buzz: US natural gas inventories up 77 BCF

The US Natural Gas storage rose by 77 billion cubic feet (BCF) in the week ending October 30 to a total of 3,801 Bfc, the Energy Information Administration (EIA) said in its report published on Thursday. Year-on-year, the gas inventories declined by 2.8%, or 109 Bfc, from a total of 3,910 Bfc. Stocks rose by 1.4%, or 54 Bcf, above the five-year average of 3,747 Bfc. Total working gas is within the five-year historical range.

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