Natural gas rallies nearly 5% after supply data *PIC*

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Natural gas rallies nearly 5% after supply data (by Claudia Assis)

SAN FRANCISCO (MarketWatch) -- Natural-gas futures turned higher on Thursday after a weekly government report showed a smaller-than-expected increase in supplies. Natural gas for September delivery (ngu12) gained 14 cents, or 4.9%, to $3.07 per million British thermal units. It traded at $2.93 per million Btu before the report. The Energy Information Administration reported an increase of 24 billion cubic feet in natural-gas supplies for the week ended Aug. 3. Analysts polled by Platts had expected an increase between 27 bcf and 31 bcf.

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Natural gas rallies nearly 5% after supply data *PIC*

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