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US natural gas investors level up; Futures decline

US natural gas investors level up; Futures decline

Mubasher: US natural gas storage increased by 34 billion cubic feet (Bcf) in the week ended 1 November, to a total of 3,729 Bcf, the Energy Information Administration said.

Stockpiles were 530 Bcf above last year’s figure, and 29 Bcf higher than the five-year average of 3,700 Bcf.

Following the release of the data, Nymex natural gas futures decreased by 0.32% to $2.82 per million British thermal units.