Natural-gas Futures Fall After EIA Reports 52 Billion-cubic-foot Rise In U.S. Supplies

By Markets MarketWatch Pulse

Natural-gas futures fell Thursday after the U.S. Energy Information Administration reported that supplies of the commodity rose 52 billion cubic feet for the week ended Sept. 16. That compared with the average rise of 51 billion cubic feet expected by analysts polled by S&P Global Platts. Total stocks now stand at 3.551 trillion cubic feet, up 140 billion cubic feet from a year ago and 268 billion cubic feet above the five-year average, the government said. October natural gas was down 2.3 cents, or 0.8%, from Wednesday's settlement to $3.034 per million British thermal units. It traded flat at $3.057 before the data.

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