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Barchart
Rich Asplund

Nat-Gas Prices Fall as Weekly EIA Inventories Climb More Than Expected

EIA Nymex United States BNEF Electricity Natural Gas

July Nymex natural gas (NGN25) on Thursday closed down by -0.039 (-1.05%).

July nat-gas prices on Thursday retreated from a 1-week high and closed lower after weekly EIA nat-gas inventories rose more than expected.  The EIA reported Thursday that nat-gas inventories rose +122 bcf for the week ended May 30, above expectations of +113 bcf and well above the five-year average for this time of year of +98 bcf.  

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