Bloomberg News

Natural-Gas Supply Probably Rose 27 Bcf, Bloomberg Users Say

July 12, 2012

The U.S. Energy Department’s natural-gas inventory report, scheduled for release at 10:30 a.m. in Washington, will show that supplies rose 0.9 percent last week, according to a survey of Bloomberg users.

The government’s report will show that inventories gained 27 billion cubic feet in the week ended July 6 to 3.129 trillion cubic feet, according to the survey.

Natural gas for August delivery rose 1.7 cents, or 0.6 percent, to $2.87 per million British thermal units on the New York Mercantile Exchange at 10:26 a.m.

Bloomberg compiles the anonymous survey based on estimates by at least 100 users each week.

To contact the reporter on this story: Naureen S. Malik in New York at nmalik28@bloomberg.net

To contact the editor responsible for this story: Bill Banker at bbanker@bloomberg.net


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