(Bloomberg) -- Natural gas in New York fell after a
weekly government inventory report showed supplies rose at a pace
that suggests storage will reach a record level by the end of the
injection season in October.
Gas in storage rose 78 billion cubic feet for the week ended
June 29, the Energy Department said today. Inventories were
expected to rise by 82 billion cubic feet last week, according to
the median of 23 responses in a Bloomberg survey of analysts. The
average weekly increase over the past five years is 86 billion
cubic feet and was 72 billion in the same period a year earlier,
according to the department.
Read more at Bloomberg Energy News
weekly government inventory report showed supplies rose at a pace
that suggests storage will reach a record level by the end of the
injection season in October.
Gas in storage rose 78 billion cubic feet for the week ended
June 29, the Energy Department said today. Inventories were
expected to rise by 82 billion cubic feet last week, according to
the median of 23 responses in a Bloomberg survey of analysts. The
average weekly increase over the past five years is 86 billion
cubic feet and was 72 billion in the same period a year earlier,
according to the department.
Read more at Bloomberg Energy News
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