The U.S. Energy Information Administration reported Thursday that domestic supplies of natural gas rose by 84 billion cubic feet for the week ended Sept. 13. The data were expected to show a build of 76 billion cubic feet, on average, according to analysts polled by S&P Global Platts. Total stocks now stand at 3.103 trillion cubic feet, up 393 billion cubic feet from a year ago, but 75 billion below the five-year average, the government said. October natural gas traded at $2.561 per million British thermal units, down 7.6 cents, or 2.9%, from Wednesday's settlement. It was trading at $2.59 before the data.
Read the full story:
Oil climbs as doubts emerge over Saudi Arabia’s ability to bounce back from attacks