EIA Reports 95 Billion-cubic-foot Climb In U.S. Natural-gas Supplies

The U.S. Energy Information Administration reported Thursday that supplies of natural gas rose 95 billion cubic feet for the week ended Oct. 2. Analysts polled by Platts forecast a climb of between 96 billion cubic feet and 100 billion cubic feet. Total stocks now stand at 3.633 trillion cubic feet, up 443 billion cubic feet from a year ago and 155 billion cubic feet above the five-year average, the government said. November natural gas was at $2.518 per million British thermal units, up 4.4 cents, or 1.8%. It traded at $$2.50 before the supply data.

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