Natural Gas Drops Most in Six Weeks After Inventory Increase
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Natural gas futures dropped the most in six weeks on speculation that U.S. supplies are adequate to meet summer demand from power plants.
Gas fell for a fourth day after the Energy Department said stockpiles rose 69 billion cubic feet in the week ended June 10 to 2.256 trillion, matching estimates made by analysts before the report was released. Gas reached a 10-month high on June 9 on forecasts for hotter-than-normal weather.