SAN FRANCISCO (MarketWatch) -- Natural gas futures added to gains after the Energy Information Administration Thursday showed a smaller-than-expected increase for the product in storages. The agency reported an increase of 27 billion cubic feet in storage for the week ended Aug. 13. Analysts polled by Platts had expected an increase of 28 to 32 billion cubic feet. Natural gas for September delivery added 3 cents, or 0.9%, to $4.28 per million British thermal units.Nat gas bucks downward pressure after EIA report
SAN FRANCISCO (MarketWatch) -- Natural gas futures added to gains after the Energy Information Administration Thursday showed a smaller-than-expected increase for the product in storages. The agency reported an increase of 27 billion cubic feet in storage for the week ended Aug. 13. Analysts polled by Platts had expected an increase of 28 to 32 billion cubic feet. Natural gas for September delivery added 3 cents, or 0.9%, to $4.28 per million British thermal units.
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