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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Tumble as US Gas Inventories Build

October Nymex natural gas (NGV25) on Thursday closed down -0.095 (-3.14%).

Oct nat-gas prices dropped to a 1-week low on Thursday due to a higher-than-expected build in weekly nat-gas stockpiles.  Thursday's weekly EIA report showed that nat-gas inventories rose +71 bcf in the week ended September 5, above expectations of +68 bcf and the five-year average of +56 bcf.

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