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Rich Asplund

Nat-Gas Prices Tumble on Abundant U.S. Supplies

EIA United States Nymex BNEF Natural Gas

May Nymex natural gas (NGK23) on Thursday closed down -0.086 (-4.11%).

May nat-gas on Thursday closed sharply lower for a second day on the outlook for abundant U.S. nat-gas supplies.  Thursday's weekly EIA nat-gas inventories rose +25 bcf, close to expectations, which left U.S. nat-gas stockpiles a hefty +18.9% above the 5-year seasonal average.

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