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April 15, 2021, 10:42 a.m. EDT

Natural-gas prices edge up as EIA reports a 61 billion cubic foot rise in U.S. natural-gas supplies

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By Myra P. Saefong

The U.S. Energy Information Administration reported on Thursday that domestic supplies of natural gas rose by 61 billion cubic feet for the week ended April 9. That compares with an average increase of 65 billion cubic feet forecast by analysts polled by S&P Global Platts. Total stocks now stand at 1.845 trillion cubic feet, down 242 billion cubic feet from a year ago but 11 billion cubic feet above the five-year average, the government said. Following the data, May natural gas was up 2.3 cents, or 0.9%, to $2.64 per million British thermal units. It traded at $2.62 shortly before the data.

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