Natural-gas futures on Thursday turned higher after the U.S. Energy Information Administration reported that supplies of natural gas rose by 111 billion cubic feet for the week ended May 8. That was less the climb of between 115 billion cubic feet and 119 billion cubic feet expected by analysts polled by Platts. Total stocks now stand at 1,897 trillion cubic feet, up 752 billion cubic feet from a year ago and 38 billion cubic feet below the five-year average, the government said. June natural gas was at $3 per million British thermal units, up 6.7 cents, or 2.3%. It was trading around $2.90 before the data.
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