Natural gas off 2% after supplies data

NEW YORK (MarketWatch) -- Natural gas futures fell nearly 2% on Thursday, after the Energy Information Administration said U.S. supplies of natural gas fell 111 billion cubic feet in the week ended March 5, in line with expectations. Analysts polled by Platts expected a drop of between 108 and 112 billion cubic feet. Natural gas for April delivery was last down 9 cents, or 2%, at $4.47 per million British thermal units in electronic trade. It earlier rose as high as $4.59 per million Btus.