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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Rally on a Larger-Than-Expected Fall in Inventories

Gas Prices United States EIA Natural Gas April Nymex BNEF

April Nymex natural gas (NGJ26) on Thursday closed up by +0.086 (+2.95%).

April nat-gas prices rallied on Thursday and settled higher due to a larger-than-expected storage withdrawal.  The EIA reported that nat-gas inventories for the week ended February 27 fell by -132 bcf, a larger draw than expectations of -124 bcf.

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