The U.S. Energy Information Administration reported on Thursday that domestic natural-gas supplies rose by 53 billion cubic feet for the week ended April 15. That compared to a forecast for a build of 33 billion cubic feet from Marshall Steeves, energy markets analyst at S&P Global Commodity Insights.
Total supplies in storage stand at 1.450 trillion cubic feet, down 428 billion cubic feet from a year ago and 292 billion cubic feet below the five-year average, the government said. Following the data, May natural gas NGK22, -0.60% fell 19.6 cents, or 2.8%, at $6.741 per million British thermal units.
Touchstone Exploration Inc (LON:TXP) is a Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago.