Natural gas falls after weekly EIA supplies data---week ending 21 June

10:41AM

Natural gas falls after weekly EIA supplies data                                                                 (                                      NGQ13                                 )                                                                  by Victor Reklaitis                            

NEW YORK (MarketWatch) - Natural-gas futures fell further on Thursday after the U.S. Energy Information Administration reported a net increase of 95 billion cubic feet in U.S. inventories for the week ended June 21. Analysts polled by Platts forecasted a net addition between 88 billion cubic feet and 92 billion cubic feet. Total stocks now stand at 2.533 trillion cubic feet, down 522 billion cubic feet from the year-ago level and 31 billion cubic feet below the five-year average, the government said. August natural gas     (ngq13)   was at $3.60 per million British thermal units, down 14 cents, or nearly 4%. It was trading at $3.69 shortly before the data.

Views: 69

Reply to This

Support GoHaynesvilleShale.com

Blog Posts

The Lithium Connection to Shale Drilling

Shale drilling and lithium extraction are seemingly distinct activities, but there is a growing connection between the two as the world moves towards cleaner energy solutions. While shale drilling primarily targets…

Continue

Posted by Keith Mauck (Site Publisher) on November 20, 2024 at 12:40

Not a member? Get our email.

Groups



© 2025   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service