View full page at forexfactory.com

 

Natural-gas futures extend gains after EIA reports first weekly U.S. supply decline of the winter heating season

From marketwatch.com

The U.S. Energy Information Administration reported Wednesday that domestic supplies of natural gas fell by 134 billion cubic feet for the week ended Nov. 16, marking the first weekly decline of the winter heating season. Brokers and traders polled by The Wall Street Journal had forecast a decline of 110 billion cubic feet, on average. Data were released a day earlier than usual because of Thursday’s Thanksgiving holiday. Total stocks now stand at 3.113 trillion cubic feet, down 620 billion cubic feet from a year ago, and 710 billion below the five-year average, the government said. December natural gas NGZ18, +0.80% ... (full story)

Story Stats

  • Posted:
  • Category: Low Impact Breaking News