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Nov. 14, 2019, 10:35 a.m. EST

EIA reports a slightly smaller-than-expected weekly increase in U.S. natural-gas supplies

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By Myra P. Saefong

The U.S. Energy Information Administration reported Thursday that domestic supplies of natural gas rose by 3 billion cubic feet for the week ended Nov. 8. Analysts expected a build of 7 billion cubic feet, on average, by analysts polled by S&P Global Platts. Total stocks now stand at 3.732 trillion cubic feet, up 491 billion cubic feet from a year ago and 2 billion cubic feet above the five-year average, the government said. December natural gas traded at $2.651 per million British thermal units, up 5.1 cents, or 2%, from Wednesday's settlement. It was trading at $2.669 before the data.

Read the full story:
Oil prices pare gains as U.S. crude and gasoline supplies post weekly rise

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