: Natural-gas futures extend gains after EIA reports a smaller-than-expected weekly rise in U.S. supplies

The U.S. Energy Information Administration reported on Thursday that U.S. natural-gas supplies in storage rose by 74 billion cubic feet for the week ended Oct. 20. On average, analysts surveyed by S&P Global Commodity Insights forecast an increase of 81 billion cubic feet. Total working gas in storage for the week was at 3.7 trillion cubic feet, up 313 billion cubic feet from a year ago and 183 billion cubic feet above the five-year average, the government said. In Thursday dealings, November natural gas NGX23 traded at $3.054 per million British thermal units, up 4.4 cents, or 1.5%, on the New York Mercantile Exchange. Prices traded at $3.022 ahead of the supply data.

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