Natural Gas extends losses on soft supply data

Natural gas futures extended Thursday's losses into afternoon trading on Friday after official data revealed that stockpiles fell less than expected last week. On the New York Mercantile Exchange, natural gas futures for delivery in March traded at USD3.155 per million British thermal units, down 0.27%. The commodity hit a session low of USD3.126 and a high of USD3.193. The U.S. Energy Information Administration said in its weekly report on Thursday that natural gas storage in the U.S. in the week ended Feb. 8 fell by 157 billion cubic feet, below expectations for a drop of 162 billion cubic feet. Inventories fell by 113 billion cubic feet in the same week a year earlier, while

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