Colosseum a.s. (Colosseum a.s.)
Commodities  |  November 22, 2012 13:14:28

Natural gas increased to nearly thirteen month maximum

ColosseumAt the highest level for the last more than a year rose in yesterday's trading session on the Stock Exchange New York Mercantile Exchange, CME Group within the price of the most active futures contract on natural gas. It was a reaction to the outcome of yesterday's regular statistics of the U.S. Department of energy, which in the week ending November 16 in the United States showed a larger than expected decline in inventories. These stocks fell during this period by 38 billion cubic feet not total 3,873 trillion cubic feet. Analysts expected a loss of 30 billion. Natural gas futures for the December delivery date strengthened during the day before the stock market Nymex by 7.1 cents to the closing price of $ 3.903 per 1 million British thermal units. It was the highest closing price of the most active futures contract from 31 October 2011.Compared to the same period last year, gas prices are higher by 15%.

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