Natural Gas up 3 Percent on Supply Drop

Oil and Gas Investing

MarketWatch reported that natural gas futures are up 3 percent today as a result of data showing a bigger-than-expected fall in US supplies.

MarketWatch reported that natural gas futures are up 3 percent today as a result of data showing a bigger-than-expected fall in US supplies.

According to the publication:

Natural gas for April delivery NGJ14 +3.05%  rose 15 cents, or 3.3%, to $4.67 per million British thermal units on the New York Mercantile Exchange. Prices had dropped 3.1% in the previous session.

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