Gold Silver Reports (GSR) – The U.S. Energy Information Administration reported Thursday that domestic supplies of natural-gas stockpiles rose by 46 billion cubic feet for the week ended Aug. 3.
September natural gas NGU18, -0.37% lost a penny, to trade down 0.4% at $2.937 per million British thermal units in late-morning trade, down from $2.948, just before the report. Total stocks now stand at 2.354 trillion cubic feet, down 671 billion cubic feet from a year ago, and 572 billion below the five-year average, the government said.
Meanwhile, West Texas Intermediate crude-oil for September delivery CLU8, +0.13% was up a modest 0.3% at $67.13, recovering slightly from its sharp downturn on Wednesday on supply fears, but paring its gain after the EIA report. – Neal Bhai Reports
