Abundant US Nat-Gas Inventories Weigh on Prices

September Nymex natural gas (NGU26 ) on Friday closed down -0.011 (-0.40%). Nat-gas prices posted modest losses on Friday amid signs of adequate US supplies. As of July 24, EIA nat-gas inventories were +6.4% above their 5-year seasonal average, signaling abundant supplies. Losses in nat-gas prices were limited on Friday...Natural gas burnoff refinery by Leonid Eremeychuk via iStock