EIA reports a slightly bigger-than-expected weekly fall in U.S. natural-gas supplies

EIA reports a slightly bigger-than-expected weekly fall in U.S. natural-gas supplies


United States The Energy Information Administration reported On Thursday, stored U.S. natural gas reserves decreased by 117 billion cubic feet for the week ended December 1. On average, analysts surveyed by S&P Global Commodity Insights forecast a weekly decline of 105 billion cubic feet. Total active gas stored for the week was 3,719 billion cubic feet, up 254 billion cubic feet from last year and 234 billion cubic feet above the five-year average, a indicated the government. In Thursday RelationsJanuary natural gas
NGF24,
-0.58%

was trading at $2.585 per million British thermal units, up 1.6 cents, or 0.6 percent, on the New York Mercantile Exchange. Prices were trading at $2.577 before the supply data.



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