Breaking: U.S. gas inventories are positive and better than expected for the second consecutive week.

Data from the U.S. Energy Information Administration, released on Thursday, showed that U.S. natural gas inventories increased by about 55 billion cubic meters during the week ending September 27, which was lower than expectations that projected an increase of approximately 59 billion cubic meters. The previous week's reading indicated an increase in natural gas inventories by 47 billion cubic meters. Immediately following the release of this positive data, November natural gas futures rose by about 3.05%, settling near the level of $2.974 per million British thermal units. It is worth noting that natural gas inventory data is published weekly by the U.S. Energy Administration. This indicator measures the change in underground natural gas inventories in cubic feet during the past week. It should also be noted that although this indicator is primarily American, it influences the Canadian dollar due to the large size of the energy sector in Canada, as well as having a significant impact on natural gas prices in commodity market transactions.