EIA report shows a weekly rise of 69 billion cubic feet in U.S. natural-gas supplies
The U.S. Energy Information Administration reported Thursday that domestic supplies of natural gas rose by 69 billion cubic feet for the week ended Sept. 7. Analysts polled by S&P Global Platts had forecast a climb of 70 billion cubic feet, while the average over the last five years for the same week was a rise of 74 billion. Total stocks now stand at 2.636 trillion cubic feet, down 662 billion cubic feet from a year ago, and 596 billion below the five-year average, the government said. October natural gas NGV18, +0.42% rose 1.4 cents, or 0.5%, at $2.841 per million British thermal units, little changed from before the supply data.
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