Investing.com - Natural gas prices dropped in U.S. trading on Thursday after official data revealed U.S. supplies grew in line with expectations.
In the New York Mercantile Exchange, natural gas futures for delivery in July traded at USD4.021 per million British thermal units, down 3.91%.
The commodity hit a session low of USD4.013 and a high of USD4.184.
The U.S. Energy Information Administration said in its weekly report earlier that natural gas storage in the U.S. in the week ending May 24 rose by a healthy 88 billion cubic feet, broadly in line with market expectations. Read more..http://tradingtipsfree.wordpress.com/2013/05/31/natural-gas-drops-as-supplies-rise-in-line-with-expectations/
Maxcommodity provide you daily calls on Commodity Yips. Get Natural Gas Updates free trial calls on Mobile by sms. for mor just click on: Free Commodity Tips on Mobile