Wednesday, September 25, 2013

Energy Market (Natural Gas)

The supply gain of natural gas rose about 1.1 percent before a government report that will be publisehd on September 26th that may show US inventories rose by 8.2e8 cubic meters, based on the medain of 12 analyst estimates compiled by Bloomberg. Supplies rose by 79 billion a year earlier. 

Natural gas for October delivery gained 2.3 cents, or 0.7 percent, to $3.515 per million British thermal units at 9:29 a.m. on the New York Mercantile Exchange (Sept. 25th, 2013). Gas yesterday closed at $3.492 (Sept. 24th, 2013), which was the lowest settlement since Aug. 23.  

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