Natural gas trading range for the day is 225.7-245.7.
Natural gas fell as production was expected to slowly rise as drillers return to offshore Gulf of Mexico wells after Hurricane Michael.
Inventories increased in line with expectations, but the colder than normal weather than is expected to cover most of the US for next 2-weeks should increase heating demand.
Implied volatility for gas futures rose to an eight-month high as prices jumped earlier in the week on concerns the amount of gas in storage was well below normal.
For more information ✆ +91-8871068600 or visit Dynamic Money Research
Natural gas fell as production was expected to slowly rise as drillers return to offshore Gulf of Mexico wells after Hurricane Michael.
Inventories increased in line with expectations, but the colder than normal weather than is expected to cover most of the US for next 2-weeks should increase heating demand.
Implied volatility for gas futures rose to an eight-month high as prices jumped earlier in the week on concerns the amount of gas in storage was well below normal.
For more information ✆ +91-8871068600 or visit Dynamic Money Research
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