U.S. Markets closed

EIA Is Set to Report a Fall in the Natural Gas Inventory

Robert Scott
EIA Is Set to Report a Fall in the Natural Gas Inventory

In the week ending on November 9, the inventories spread was -15.6%. The inventories spread is the difference between natural gas inventories and their five-year average. The inventories spread contracted by 60 basis points compared to the previous week. On November 15, the EIA (U.S. Energy Information Administration) reported the natural gas inventory data for the week ending November 9.