EIA report records weekly rise in Nat Gas stocks
The U.S. Energy Information Administration (EIA) reported Thursday that domestic US supplies of natural gas rose by 51 billion cubic feet for the week ended July 6. Market consensus had called for a rise near 60 billion cubic feet. Total stocks stand at 2.203 trillion cubic feet, down 725 billion cubic feet from a year ago, and 519 billion below the five-year average, the government said. August natural Gas fell 2.1 cents to $2.808 per million British thermal units, down from $2.824 before the supply data.