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Barchart
Rich Asplund

Nat-Gas Prices Retreat on Abundant US Supplies

United States EIA Nymex Natural Gas BNEF

May Nymex natural gas (NGK26) on Thursday closed down -0.054 (-1.98%).

Nat-gas prices added to this week's losses on Thursday, falling to a 7.5-month nearest-futures low.  A larger-than-expected build in weekly nat-gas storage levels weighed on prices on Thursday.  The EIA reported that nat-gas inventories rose by +50 bcf the week ended April 3, above expectations of +48 bcf.  

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