Futures for natural gas sank by more than 3% on supply data

Futures for natural gas slumped more than 3% in the U.S. morning trading session on Thursday, after the U.S. Energy Administration reported that U.S. gas supplies increased more than expected during the previous week. On the NYMEX, July delivery futures were traded at the level of USD2.333 per MMBtu, shedding 3.65% since the beginning of the session.