EIA Reports 73 Billion-cubic-foot Rise In U.S. Natural-gas Supplies
The U.S. Energy Information Administration reported Thursday that supplies of natural gas rose 73 billion cubic feet for the week ended Sept. 11. Analysts polled by Platts forecast a climb of between 70 billion cubic feet and 74 billion cubic feet. Total stocks now stand at 3.334 trillion cubic feet, up 456 billion cubic feet from a year ago and 125 billion cubic feet above the five-year average, the government said. October natural gas was at $2.668 per million British thermal units, up less than a cent for the session. Prices traded at $2.67 before the supply data.
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