MW: Natural gas gains further after EIA supply report
By Claudia Assis
SAN FRANCISCO (MarketWatch) -- Natural-gas futures added to gains Thursday after a weekly government report showed an increase in supplies on the lower end of analyst expectations. The Energy Information Administration reported a rise of 73 billion cubic feet in natural-gas supplies in the week ended Aug. 19. Analysts polled by Platts had expected an increase between 72 and 76 billion cubic feet. Natural gas for September delivery NG11U -0.68% added 5 cents, or 1.2%, to trade at $3.96 per million British thermal units.
