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Home>EIA reports a weekly rise of 42 billion cubic feet for U.S. natural-gas supply

EIA reports a weekly rise of 42 billion cubic feet for U.S. natural-gas supply

EIA reports a weekly rise of 42 billion cubic feet for U.S. natural-gas supply

10/05/2017

Data from the U.S. Energy Information Administration on Thursday (http://ir.eia.gov/ngs/ngs.html) showed that domestic supplies of natural gas rose by 42 billion cubic feet for the week ended Sept. 29. That was below the average forecast for a climb of 47 billion cubic feet by analysts surveyed by S&P Global Platts. Total stocks now stand at 3.508 trillion cubic feet, down 161 billion cubic feet from a year ago, and 8 billion cubic feet below the five-year average, the government said. November natural gas rose 3.8 cents, or 1.2%, from Wednesday's settlement to $2.978 per million British thermal units-little changed from its level before the data (http://www.marketwatch.com/story/oil-prices-stabilize-after-us-production-hits-july-2015-highs-2017-10-05).

-Myra P. Saefong; 415-439-6400; AskNewswires@dowjones.com

 

(END) Dow Jones Newswires

10-05-17 1035ET

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