Market dynamic
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News > Market dynamicDate:2017-09-19
, according to a report in the week ended Aug. 5 U.S. natural gas inventories, 29 billion cubic feet (820 million cubic meters), higher than the accepted standard & poor's Global Platts company (S&P Global Platts) survey of analysts had expected an average of 25 billion cubic feet (710 million cubic meters); Total inventory 3.317 trillion cubic feet (93.9 billion cubic meters), year-on-year increase of 361 billion cubic feet (10.2 billion cubic meters), compared with five years on average, 440 billion cubic feet (12.5 billion cubic meters).
After the report, the New York mercantile exchange for delivery in September natural gas futures price quote $2.563 per million British thermal units, compared with yesterday's closing price of $2.561 flat, compared with $2.572 before the report.