Data from the U.S. Energy Information Administration Thursday showed that domestic supplies of natural gas rose by 10 billion cubic feet for the week ended April 7. Analysts polled by S&P Global Platts expected an increase of between 9 billion and 13 billion cubic feet. Total stocks now stand at 2.061 trillion cubic feet, down 416 billion cubic feet from a year ago, but 263 billion cubic feet above the five-year average, the government said. May natural gas rose 3.3 cents, or 1%, from Wednesday’s settlement to $3.22 per million British thermal units.
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