MW: Natural-gas futures decline further after data
By Claudia Assis
SAN FRANCISCO (MarketWatch) -- Natural-gas futures added to losses Thursday after a weekly government report showed higher-than-expected supplies for the week ended March 30. Natural gas for May delivery NGK12 -1.49% declined 3 cents, or 1.2%, to trade at $2.12 per million British thermal units. It had traded at $2.14 before the data. The Energy Information Administration reported an increase of 42 billion cubic feet in supplies of the product, compared to analyst expectations of an increase between 33 to 37 bcf, according to a Platts survey.
