Monday 12 November 2018

Natural Gas Rose On Forecasts For Colder Weather Next Week

Natural gas trading range for the day is 251.5-286.7.

Natural gas rose on forecasts for colder weather next week than previously forecast.

Cold will boost heating demand and cause utilities to start withdrawing fuel from storage facilities that are already about 16 percent below normal levels.

Despite last week's bigger than expected storage increase, U.S. stockpiles were only at 3.208 trillion cubic feet.

For more information +91-8871068600 or visit Dynamic Money Research

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