Canadian Natural Gas May Fall Amid Mild Weather, Ample Supplies

Canadian natural-gas prices may fall as mild weather pares demand for home heating and air conditioning, allowing utilities to divert supplies to winter storage.

U.S. utilities probably added 90 billion cubic feet to inventories last week, the median of 17 estimates in a Bloomberg survey of analysts and traders. Gas in underground storage stood at 1.599 trillion cubic feet, about 22 percent above the five-year average, as of May 13, according to the Energy Department.