Natural gas turns lower after EIA supply data *PIC*

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Natural gas turns lower after EIA supply data ( NGZ12 ) (by Myra P. Saefong)

SAN FRANCISCO (MarketWatch) -- Natural-gas futures turned lower Thursday after the Energy Information Administration reported that inventories of the commodity fell 18 billion cubic feet for the week ended Nov. 9. Analysts polled by Platts expected a withdrawal of between 10 billion cubic feet and 14 billion. Total stocks now stand at 3.911 trillion cubic feet, up 71 billion cubic feet from the year-ago level and 209 billion cubic feet above the five-year average, the government said. December natural gas (ngz12) was at $3.70 per million British thermal units, down 6 cents. It was trading around $3.80 shortly before the data.

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