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Rich Asplund

Smaller-Than-Expected Weekly Storage Build Lifts Nat-Gas Prices

United States EIA Nymex Natural Gas BNEF

November Nymex natural gas (NGX26) on Thursday closed up +0.038 (+1.19%).

Nat-gas prices settled higher on Thursday after weekly US nat-gas storage levels rose less than expected. The EIA reported Thursday that nat-gas inventories rose by +67 bcf the week ended October 9, below expectations of +74 bcf and well below the five-year average for the week of +90 bcf.

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