Natural gas trading range for the day is 196.8-204.2.
Natural gas dropped on forecasts for demand to drop in a couple of weeks due to seasonally cooler weather.
Production in the Lower 48 U.S. states, meanwhile, averaged a record high 83.4 bcfd over the past 30 days.
U.S. dry natural gas production should rise to an all-time high of 80.96 billion cubic feet per day in 2018 from 73.55 bcfd in 2017, according to EIA report.
For more information ✆ +91-8871068600 or visit Dynamic Money Research
Natural gas dropped on forecasts for demand to drop in a couple of weeks due to seasonally cooler weather.
Production in the Lower 48 U.S. states, meanwhile, averaged a record high 83.4 bcfd over the past 30 days.
U.S. dry natural gas production should rise to an all-time high of 80.96 billion cubic feet per day in 2018 from 73.55 bcfd in 2017, according to EIA report.
For more information ✆ +91-8871068600 or visit Dynamic Money Research
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