Data from the U.S. Energy Information Administration Thursday showed that domestic supplies of natural gas rose by 78 billion cubic feet for the week ended June 9. Analysts surveyed by S&P Global Platts forecast a larger build of 89 billion cubic feet. Total stocks now stand at 2.709 trillion cubic feet, down 322 billion cubic feet from a year ago, but 228 billion cubic feet above the five-year average, the government said. July natural gas rose 7.4 cents, or 2.5%, from Wednesday’s settlement to $3.007 per million British thermal units. It traded at $2.955 before the data.
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