Natural Gas Rises 3.3% to $2.528 Per Million Btu, Reversing Drop
February 09, 2012, 11:21 AM ESTBy Bill Banker
Feb. 9 (Bloomberg) -- Natural gas futures rose 8 cents, or 3.3 percent, to $2.528 per million British thermal units at 10:50 a.m. on the New York Mercantile Exchange after dropping as low as $2.405.
Prices had declined after the Energy Department reported a smaller-than-forecast decline in gas stockpiles of 78 billion cubic feet.
To contact the editor responsible for this story: Bill Banker at bbanker@bloomberg.net
