From Myra P. Saefong: The U.S. Energy Information Administration reported Thursday that domestic supplies of natural gas rose by 114 billion cubic feet for the week ended May 24. The average forecast of analysts polled by S&P Global Platts had called for an increase of 95 billion cubic feet. Total stocks now stand at 1.867 trillion cubic feet, up 156 billion cubic feet from a year ago, but 257 billion below the five-year average, the government said. July natural gas NGN19, -3.77% traded at $2.546 per million British thermal units, down 7.8 cents, or 3%, from Wednesday’s settlement. That was down from $2.581 before the data.
