Natural-gas Futures Fall As EIA Reports 80 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 80 billion cubic feet for the week ended Sept. 30. That was above the average rise of 69 billion cubic feet expected by analysts polled by S&P Global Platts. Total stocks now stand at 3.68 trillion cubic feet, up 74 billion cubic feet from a year ago and 205 billion cubic feet above the five-year average, the government said. November natural gas was down 3.8 cents, or 1.3%, from Wednesday's settlement to $3.004 per million British thermal units. It traded at $3.022 before the data.

Continue Reading Below

Copyright © 2016 MarketWatch, Inc.