Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Natural gas rallies 4% after supplies report *PIC*

Natural gas rallies 4% after supplies report (by Claudia Assis)

SAN FRANCISCO (MarketWatch) -- Natural-gas futures added to their advance, rising 4% after a government supplies report showed a smaller-than-expected increase in inventories in the week ended May 27. Natural gas for July delivery (ngn11) added 20 cents to $4.82 per million British thermal units; before the data, the contract rose to $4.69 per million Btus. The Department of Energy's Energy Information Administration reported an increase of 83 billion cubic feet for the week. Analysts polled by Platts had expected an increase between 89 and 93 bcf.

Messages In This Thread

Natural gas rallies 4% after supplies report *PIC*