Natural Gas trading range for the day is 198.3-203.1.
Natural ended with losses as latest weather forecasts were for less warm weather and lower cooling demand next week.
Natural gas prices remain depressed due to too much production, even though inventory levels are below both last year’s total and the five-year average.
The U.S. Energy Information Administration reported Thursday that U.S. natural gas stockpiles increased by 63 billion cubic feet for the week ending August 31.
For more information ✆ +91-8871068600 or visit Dynamic Money Research
Natural ended with losses as latest weather forecasts were for less warm weather and lower cooling demand next week.
Natural gas prices remain depressed due to too much production, even though inventory levels are below both last year’s total and the five-year average.
The U.S. Energy Information Administration reported Thursday that U.S. natural gas stockpiles increased by 63 billion cubic feet for the week ending August 31.
For more information ✆ +91-8871068600 or visit Dynamic Money Research
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