Natural gas prices increase losses after US inventory data



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Natural gas prices fell during Thursday's trade, but increased losses after US inventory data rose higher than expected.

The US Energy Information Administration (EIA) announced that natural gas inventories in the United States increased 65 billion cubic feet last week, compared to expectations of a 56 billion cubic foot increase.

In terms of trade, natural gas futures for December delivery fell 1% to $ 3.52 per million British thermal units at 18:35 GMT compared to a 0.4% decline ahead of the data release.

Inventory of natural gas in the United States (billion cubic feet)

Item

A year ago

A week ago

This time

Weekly changes

Natural gas

3788

3143

3208

+ 65

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