Canadian Natural Gas Falls on Report of Higher U.S. Inventories
Investing News Network - August 18th, 2011
Bloomberg 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.