Natural-gas futures fell Thursday after the EIA reported that supplies of natural gas climbed by 90 billion cubic feet for the week ended April 17. That was on the high end of expectations, as analysts polled by Platts forecast an increase of 86 billion to 90 billion cubic feet.
May natural gas declined by 7.5 cents, or 2.9%, to $2.531 per million British thermal units.
Back on Nymex, futures prices for gasoline saw the largest gains following a bigger-than-expected decline in weekly U.S. supplies of the fuel. May gasoline RBK5, -0.06% tacked on 7.1 cents, or 3.7%, to $1.996 a gallon. May heating oil HOK5, -0.31% added 5.3 cents, or 2.8%, to end at $1.924 a gallon.
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May natural gas declined by 7.5 cents, or 2.9%, to $2.531 per million British thermal units.
Back on Nymex, futures prices for gasoline saw the largest gains following a bigger-than-expected decline in weekly U.S. supplies of the fuel. May gasoline RBK5, -0.06% tacked on 7.1 cents, or 3.7%, to $1.996 a gallon. May heating oil HOK5, -0.31% added 5.3 cents, or 2.8%, to end at $1.924 a gallon.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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