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EIA reports a rise U.S. natural-gas supply that nearly matches market expectations

Data from the U.S. Energy Information Administration on Thursday showed that domestic supplies of natural gas rose by 87 billion cubic feet for the week ended Oct. 6. That nearly met the average forecast for a climb of 86 billion cubic feet by analysts surveyed by S&P Global Platts. Total stocks now stand at 3.595 trillion cubic feet, down 153 billion cubic feet from a year ago, and 8 billion cubic feet below the five-year average, the government said. November natural gas rose 5.7 cents, or 2%, from Wednesday’s settlement to $2.947 per million British thermal units, little changed from $2.955 before the data.

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