Natural gas heads for more losses after US inventory data
Economies.com
2019-02-07 15:38PM UTC
Natural gas prices fell today despite US data that showed a large inventory drawdown last week, as the energy sector overall weakens.
The Energy Information Administration reported a drop of 237 billion cubic feet last week, while analysts expected a drop of 249 billion.
As of 15:35 GMT, natural gas fell 1.7% to $2.616 per million British thermal units, with a session-high at $2.691, and a low at $2.596.
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