Natural-gas prices edge up EIA reports U.S. supply rise of 91 billion cubic feet

Data from the U.S. Energy Information Administration on Thursday showed that domestic supplies of natural gas rose by 91 billion cubic feet for the week ended Sept. 8. That was just above the average forecast for a climb of 88 billion cubic feet by analysts surveyed by S&P Global Platts. Total stocks now stand at 3.311 trillion cubic feet, down 179 billion cubic feet from a year ago, but 43 billion cubic feet above the five-year average, the government said. October natural gas was up 1.9 cents, 0.6%, from Wednesday’s settlement to $3.077 per million British thermal units. It traded at $3.053 before the data.

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From:: Stock Market News

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