EIA report shows a weekly rise of 78 billion cubic feet in U.S. natural-gas supplies

The U.S. Energy Information Administration reported Friday that domestic supplies of natural gas rose by 78 billion cubic feet for the week ended June 29. A rise of 76 billion cubic feet was expected, according to an economic calendar from Dow Jones. The data were released a day later than usual because of Wednesday’s Independence Day holiday. Total stocks now stand at 2.152 trillion cubic feet, down 717 billion cubic feet from a year ago, and 493 billion below the five-year average, the government said. August natural gas NGQ18, +0.60% was up less than a cent at $2.844 per million British thermal units, little changed from before the supply data.

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