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Natural-gas futures fall by more than 5%; EIA reports a weekly rise in U.S. natural-gas supplies

From marketwatch.com

The U.S. Energy Information Administration reported on Thursday that domestic natural-gas supplies rose by 74 billion cubic feet for the week ended June 17. That compared to an average forecast for an increase of 70 billion cubic feet from analysts polled by S&P Global Commodity Insights. Total working gas stocks in storage stand at 2.169 trillion cubic feet, down 305 billion cubic feet from a year ago and 331 billion cubic feet below the five-year average, the government said. Following the data, July natural gas NGN22, -6.31% was down 37.2 cents, or 5.4%, at $6.486 per million British thermal units. Prices ... (full story)

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