The Price of Natural gas futures had gained 8 cents to $4.80 per million British thermal units.
Natural gas prices are up solidly for the second straight session. The commoditys price recently got an extra boost from the latest weekly inventory data. Inventories for the week ended July 23 showed a build of 28 bcf, which is less than the build of 32 bcf that had been widely anticipated. Natural gas prices are now up 2.8% to $4.85 per MMBtu.

Natural Gas Prices Chart Natural Gas Prices Quote Update time:5/21/2013 Symbol (CFDs) Exp Last High Low Chg. Chg. % Time  Gold Jun 13 1377.65 1379.55 1370.75 0.05 0.00% 3:18:27  Silver Jul 13 22.515 22.660 22.340 0.060 0.27% 3:18:27  Copper Jul 13 3.353 3.355 3.336 0.015 0.45% 3:18:27  Brent Oil Jul 13 103.70 103.71 103.51 0.06 0.05% 3:18:21  Crude Oil Jul 13 95.84 95.98 95.53 -0.34 -0.35% 3:18:27  Natural Gas Jun 13 4.197 4.199 4.188 0.009 0.20% 3:07:33  US Coffee C Jul 13 132.72 135.82 132.28 -3.12 -2.30% 21/05  Live Cattle Jun 13 121.12 121.31 120.24 0.84 0.70% 21/05  London Coffee Sep 13 2032.00 2037.00 2023.00 2.00 0.10% 21/05  London Wheat Jul 13 177.60 178.50 176.50 -1.15 -0.64% 21/05  London Sugar Aug 13 476.10 477.65 471.80 1.60 0.34% 21/05  US Corn Jul 13 638.50 642.00 637.62 -0.12 -0.02% 3:18:15  US Cocoa Jul 13 2343.50 2349.50 2292.50 37.00 1.60% 21/05  US Cotton No.2 Jul 13 83.77 84.05 83.72 -0.19 -0.23% 3:13:21  US Soybean Oil Jul 13 49.60 49.64 49.39 0.07 0.14% 3:15:09  US Soybeans Jul 13 1476.50 1478.00 1470.88 -2.25 -0.15% 3:17:21  US Wheat Jul 13 682.00 683.50 680.12 2.12 0.31% 3:08:45

After setting record profits in 2008, the price of oil industry tanked last year as the global economic downturn induced a dramatic drop in oil and price of natural gas. Price of Natural gas are up solidly for the second straight session. The commoditys price recently got an extra boost from the latest weekly inventory data. Inventories for the week ended July 23 showed a build of 28 bcf, which is less than the build of 32 bcf that had been widely anticipated. Natural gas prices are now up 2.8% to $4.85 per MMBtu. The gains put total natural gas in storage 8.9 percent above the five-year average but 3.1 percent below the level in storage in the same week last year, when the gain in stockpiles was 70 billion cubic feet.

Per-share earnings rose to $1.60 from or 81 cents. Analysts natural gas price had expected $1.46 per share on revenue of $98.5 billion. Shares fell 57 cents to $60.34.

Price of Natural gas rose 14 percent in the quarter to an average of $4.35 per 1,000 cubic feet. Exxon became the largest U.S. natural gas company when it bought XTO Energy on June 25. Shell has agreed to buy East Resources Inc., a major owner of shale gas holdings in the northeast U.S.

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