Bulletin
Investor Alert

Market Pulse Archives

Dec. 17, 2020, 10:38 a.m. EST

Natural-gas futures turn slightly lower as U.S. weekly supplies fall by 122 billion cubic feet

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

or Cancel Already have a watchlist? Log In

By Myra P. Saefong

The U.S. Energy Information Administration reported on Thursday that domestic supplies of natural gas declined by 122 billion cubic feet for the week ended Dec. 11. On average, the data were expected to show a drop of 127 billion cubic feet for the week, according to analysts polled by S&P Global Platts. Total stocks now stand at 3.726 trillion cubic feet, up 284 billion cubic feet from a year ago, and 243 billion cubic feet above the five-year average, the government said. Following the data, January natural gas was down 1.5 cents, or 0.6%, to $2.662 per million British thermal units. It traded at $2.702 shortly before the data.

This Story has 0 Comments
Be the first to comment
More News In
Industries

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.