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Rich Asplund

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

EIA United States Nymex BNEF Natural Gas

February Nymex natural gas (NGG24) on Thursday closed +0.058 (+1.91%).

Nat-gas prices on Thursday posted moderate gains after weekly EIA nat-gas supplies fell more than expected.  The EIA reported nat-gas inventories fell -140 bcf last week, a larger draw than expectations of -121 bcf.  Prices came off their best levels after the Commodity Weather Group said weather forecasts shifted warmer for most of the eastern half and central part of the U.S. from Jan 16-20.

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