US natural gas stocks build on weak power demand

摘要

Knoxville, Tennessee —US gas storage inventories rose by 65 Bcf last week, the Energy Information Administration said Thursday, an above-average build that several analysts attributed to a sharp drop in power-generation demand over the Labor Day weekend. The injection, which lifted stocks to 3.253 Tcf for the week ending September 6, was in line with most analysts’ expectations but was well above the 27 Bcf reported a year earlier and slightly higher than the five-year average of 62 Bcf.