Natural-Gas Supply Probably Rose 24 Bcf, Bloomberg Users Say
The U.S. Energy Department’s natural-gas inventory report, scheduled for release at 10:30 a.m. in Washington, will show that supplies rose 0.7 percent last week, according to a survey of Bloomberg users.
The government’s report will show that inventories gained 24 billion cubic feet in the week ended Sept. 7 to 3.426 trillion cubic feet, according to the survey.
Natural gas for October delivery fell 4 cents, or 1.3 percent, to $3.023 per million British thermal units on the New York Mercantile Exchange at 10:26 a.m.
Bloomberg compiles the anonymous survey based on estimates by at least 100 users each week.
To contact the reporter on this story: Christine Buurma in New York at cbuurma1@bloomberg.net;
To contact the editor responsible for this story: Dan Stets at dstets@bloomberg.net