Nontriple

Futures Remain Range-Bound Despite ‘Bullish’ Storage Build

Natural gas futures knee-jerked higher Thursday morning temporarily after the Energy Information Administration (EIA) reported the first nontriple-digit storage build in six weeks. Thursday proved to be a streak-breaker in more than one way as the July contract ended up closing 8.3 cents higher at $3.844, halting the consecutive down-day trend at five.

June 26, 2009