Natural-gas prices continue higher after EIA data ( NGZ13 )
SAN FRANCISCO (MarketWatch) -- Natural-gas futures continued to gain ground on Thursday after the U.S. Energy Information Administration reported that supplies of natural gas rose 35 billion cubic feet for the week ended Nov. 1. Analysts surveyed by Platts expected a climb of between 34 billion cubic feet and 38 billion cubic feet. Total stocks now stand at 3.814 trillion cubic feet, down 112 billion cubic feet from a year ago but 57 billion cubic feet above the five-year average, the government said. December natural gas (ngz13) was at $3.58 per million British thermal units, up nearly 9 cents, or 2.5%. It was trading at around that same level before the data.
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