Canadian Natural Gas Rises on Lower-Than-Expected Storage Gain
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Canadian natural gas for May delivery rose after the U.S. Energy Department said reserves of the fuel in underground storage increased less than analysts’ estimates last week.
U.S. gas in underground storage rose 28 billion cubic feet to 1.607 trillion in the week ended April 8, the Energy Department said today. Analysts in a Bloomberg survey estimated supplies would rise 35 billion cubic feet.