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Barchart
Barchart
Rich Asplund

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

June Nymex natural gas (NGM25) on Thursday closed down by -0.115 (-3.41%).

June nat-gas prices tumbled on Thursday due to a larger-than-expected build-in of weekly inventories.  Weekly EIA mat-gas inventories on Thursday rose by +120 bcf for the week ended May 16, above expectations of +119 bcf and well above the five-year average for this time of year of +87 bcf.

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