Mumbai, Nov. 28 -- The EIA reported that nat-gas inventories dropped by 11 bcf in the week ended November 21. The drop is mild than the 5-year weekly average of a -25 bcf draw. As of November 21, nat-gas inventories were down -0.8% y/y and were +4.2% above their 5-year seasonal average, signaling adequate nat-gas supplies. As of November 24, gas storage in Europe was 78% full, compared to the 5-year seasonal average of 88% full for this time of year.

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