Natural gas has erased gains after the weekly storage report from the Energy Information Agency (EIA) showed natural gas supplies rose more than the market estimates. Natural Gas is trading at USD 3.804/mmbtu, lower than the pre-data level of USD 3.83/mmbtu. The prices slid after the EIA said natural gas storage in the U.S. in the week ended October 24 rose by 87 billion cubic feet, above expectations for an increase of 85 billion. The storage levels had gone up by 94 billion in the previous week. Total U.S. natural gas storage stood at 3.480 trillion cubic feet. The prices did fall after the bearish supply report, ... (full story)