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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Fall on Bearish EIA Report

August Nymex natural gas (NGQ25) on Thursday closed down by -0.079 (-2.26%).

Aug nat-gas prices on Thursday fell after the weekly EIA report showed that nat-gas inventories rose by +55 bcf, which was a bigger increase than expectations of +49 bcf although lower than the 5-year average of +61 bcf.  The report indicated that inventories were plentiful, 6.2% above the 5-year average.

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