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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Climb on Lower-Than-Expected Inventory Build

United States EIA Nymex BNEF Natural Gas

September Nymex natural gas (NGU25) on Thursday closed up +0.074 (+2.69%).

Sep nat-gas prices moved sharply higher on Thursday due to a lower-than-expected build in weekly nat-gas inventories.  The EIA reported Thursday that nat-gas inventories rose +13 bcf for the week ended August 15, below expectations of +18 bcf and the five-year average for this time of year of +35 bcf.  

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