Economic Calendar

Thursday, February 19, 2009

Natural Gas Futures Decline After U.S. Inventory Report

Share this history on :

By Bill Banker

Feb. 19 (Bloomberg) -- Natural gas futures fell in New York after the Energy Department reported a smaller-than-forecast decline in U.S. stockpiles.

Natural gas for March delivery fell 18.6 cents, or 4.4 percent, to $4.028 per million British thermal units at 10:31 a.m. on the New York Mercantile Exchange. Gas was trading at $4.168 before the report was released at 10:29 a.m.




No comments: