Natural-gas futures fall as U.S. supplies climb more than expected

Discussion in 'Market News' started by sniper-academy, Jun 14, 2018.


Draft saved Draft deleted
  1. sniper-academy

    sniper-academy Administrator Staff Member

    Joined:
    Sep 30, 2011
    Messages:
    260,191
    Likes Received:
    5
    The U.S. Energy Information Administration reported Thursday that domestic supplies of natural gas rose by 96 billion cubic feet for the week ended June 8. Analysts polled by S&P Global Platts had forecast a climb of 88 billion cubic feet, while the average over the last five years for the same week was a rise of 91 billion. Total stocks now stand at 1.913 trillion cubic feet, down 785 billion cubic feet from a year ago, and 507 billion below the five-year average, the government said. July natural gas declined by 3 cents, or 1%, to $2.933 per million British thermal units, down from $2.969 before the data.

    Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

    [​IMG]
    [​IMG] [​IMG] [​IMG] [​IMG]

    Continue reading...
     
Loading...

Share This Page