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 futures trade lower after supply data *PIC*

Natural gas futures trade lower after supply data (by Claudia Assis)

SAN FRANCISCO (MarketWatch) -- Natural-gas futures turned lower Thursday after a weekly U.S. government supply report showed a withdrawal of 166 billion cubic feet from the nation's supplies of the product in the week ended Feb. 17. Analysts polled by Platts had expected the EIA to show a decline between 160 and 164 bcf in the week. Natural gas for March delivery (ngh12) lost 6 cents, or 2.2%, to $2.59 per million British thermal units; it had traded at $2.67 before the data.