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Natural Gas Moves Higher
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Updated from 1:30 p.m. EST
Natural gas futures climbed Thursday after the Energy Department's Energy Information Agency released inventory figures for January that were lower than analysts had anticipated.
Stocks of natural gas for the week of Feb. 2 were at 2.35 trillion cubic feet, which amounted to a draw of 224 billion cubic feet from the previous week. Analysts at A.G. Edwards had expected a draw of 217 billion cubic feet.
The March natural gas futures contract finished the day up 18 cents from Wednesday's close to $7.89, according to the New York Mercantile Exchange. ...
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