The U.S. Energy Information Administration reported Thursday that domestic supplies of natural gas fell by 33 billion cubic feet for the week ended Nov. 24. Analysts surveyed by S&P Global Platts forecast a decrease of 38 billion. Total stocks now stand at 3.693 trillion cubic feet, down 309 billion cubic feet from a year ago, and 107 billion cubic feet below the five-year average, the government said. January natural gas fell 11 cents, or 3.5%, to $3.069 per million British thermal units, down from $3.074 before the data.
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