Urgent.. American gas inventories decrease less than expected last week.

Data from the U.S. Energy Information Administration, released today Thursday, showed a decrease in U.S. natural gas inventories, which fell by 125 billion cubic meters during the week ending December 13. This was lower than the expectations, which had indicated a decline of 126 billion cubic meters. The previous week had recorded a decrease of 190 billion cubic meters in U.S. gas inventories.

In terms of trading, natural gas futures for January delivery rose by 3.65% to reach approximately $3.498 per million British thermal units, and this data is expected to have an impact on price levels.

Natural gas inventory data is a key indicator released weekly by the U.S. Energy Information Administration, as it measures changes in the volume of underground inventories (in cubic feet) during the previous week. Although the data is American, it also affects the Canadian dollar due to the significant size of Canada’s energy sector, and it contributes to determining natural gas prices in global commodity markets.