MW: Natural gas supplies down 176 bcf in latest week: EIA
Natural-gas supplies fell by 176 billion cubic feet to stand at 2,560 Bcf for the week ended Jan. 16, the Energy Information Administration reported Friday. Analysts at IHS Global Insight had expected a storage withdrawal of 149 billion cubic feet. After the data, February natural gas futures fell 13 cents, or 3%, at $4.56 per million British thermal units.
