August 22, 2013 at 18:18 PM EDT
Stockpiles Data Give Natural Gas A Leg Up
Natural gas futures climbed for the third time in four days after a government report showed that U.S. stockpiles expanded by less than forecast last week. Gas gained 2.5% after the Energy Information Administration said inventories rose 57 billion cubic feet in the week ended Aug. 16 to 3.063 trillion cubic feet. Analyst estimates compiled by Bloomberg showed a gain of 65 bcf. A survey of Bloomberg users predicted an add of 62
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