Canadian Natural Gas Dropped 1.8 Percent

Bloomberg reported that Canadian natural gas dropped 1.8 percent as U.S. inventories are 58% above five-year norms.

As quoted in the market news:

Alberta gas slid 1.8 percent. U.S. inventories gained 25 billion cubic feet to 2.512 trillion last week, according to the Energy Department, in line with the median of 25 analyst estimates compiled by Bloomberg. The five-year average increase is 26 billion.

Click here to read the full Bloomberg report.