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Barchart
Rich Asplund

Nat-Gas Prices Tumble as Weekly Inventories Surge

United States EIA BNEF Natural Gas

July Nymex natural gas (NGN26) on Thursday fell -0.098 (-3.08%).

Nat-gas prices tumbled to a 2-week low on Thursday and settled sharply lower after weekly US nat-gas supplies rose more than expected. EIA nat-gas inventories rose by +108 bcf the week ended June 5, above expectations of +100 bcf and above the five-year average of +95 bcf.

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