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EIA reports 95 billion-cubic-foot climb in U.S. natural-gas supplies
The U.S. Energy Information Administration reported Thursday that supplies of natural gas rose 95 billion cubic feet for the week ended Oct. 2. Analysts polled by Platts forecast a climb of between 96 billion cubic feet and 100 billion cubic feet. Total stocks now stand at 3.633 trillion cubic feet, up 443 billion cubic feet from a year ago and 155 billion cubic feet above the five-year average, the government said. November natural gas NGX15, +1.05% was at $2.518 per million British thermal units, up 4.4 cents, or 1.8%. It traded at $$2.50 before the supply data.