MW: Natural-gas futures extend decline on supply data
By Claudia Assis
SAN FRANCISCO (MarketWatch) -- Natural-gas futures added to losses Thursday after a weekly inventories report showed an increase at the high end of expectations. Natural gas for August delivery NG11Q -2.77% declined 9 cents, or 2.2%, to $4.29 per million British thermal units. It had traded at $4.34 per million Btus before the data. The Energy Information Administration reported an increase in supplies of 84 billion cubic feet for the week ended July 8. Analysts polled by Platts had expected an increase between 77 and 81 billion cubic feet.
