US natural gas inventories hit 2,667 billion cubic feet

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Source: Forexfactory
US natural gas stockpiles surged to 2,667 billion cubic feet last week, reported the EIA. US inventories were by 774 billion cubic feet higher than in 2011 and 773 billion cubic feet above five-year average. Following the data release, natural gas futures for June delivery lost 3.5% to trade at 2.526 US Dollars per million Btu.


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