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Canadian Natural Gas Falls on Report of Higher U.S. Inventories
Aug. 18, 2011 10:52AM PST
Resource InvestingBloomberg reports that Canadian natural gas plunged after a U.S. government report showed last week’s inventories increased.
Bloomberg reports that Canadian natural gas plunged after a U.S. government report showed last week’s inventories increased.
The market news is quoted as saying:
Prices, which usually follow their U.S. counterparts on the New York Mercantile Exchange, declined 0.2 percent as the Energy Department said U.S. stockpiles climbed 50 billion cubic feet to 2.833 trillion.