EIA reports first weekly fall in U.S. natural-gas supply since March

Data from the U.S.Energy Information Administration on Thursday showed that domestic supplies of natural gas fell by 18 billion cubic feet for the week ended Nov. 10. That was the first weekly decline since March. Analysts surveyed by S&P Global Platts forecast a decrease of 14 billion. Total stocks now stand at 3.772 trillion cubic feet, down 271 billion cubic feet from a year ago, and 101 billion cubic feet below the five-year average, the government said. December natural gas rose 1.6 cents, or 0.5%, from Wednesday’s settlement to $2.098 per million British thermal units, little changed from $3.092 before the data.

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