Natural Gas Trades Below $3.000 per Btu as U.S. Supplies Fall Less Than Expected
Mar, 23rd 15:03
U.S. natural gas futures prices dropped nearly 0.5 percent to trade under $3.000 per million British thermal units on Thursday after a weekly report showed that domestic supplies of natural gas fell less than expected last week.
The U.S. Energy Information Administration on Thursday reported that the country’s natural gas storage declined by 150 billion cubic feet for the week ended March 17, which was slightly less than the drop of 153 billion cubic feet expected by analysts.
According to the report, total stocks now stand at 2.092 trillion cubic feet, down 399 billion cubic feet from a year ago, but 266 billion cubic feet above the five-year average, the government said.
Buy Digital Put Option from 3.000 to 2.960 valid until 21:00 GMT March 23, 2017
The website/brand www.optionbanque.com is jointly operated by Capital Street BancClear Corporation Limited(SVG) and Capital Street Intermarkets Limited(MU). The services provided by Option Banque are provided by the two companies jointly, and all securities trading services offered by Option Banque are offered via the full services securities dealer licence Number C112010690 issued by the FSC Mauritius.