Wednesday, 16 January 2019

Natural Gas Pulled Back As Forecasts For Less Cold

Natural gas trading range for the day is 234.6-272.4.

Natural gas pulled back as forecasts for less cold next week offset calls for brutally frigid weather at the end of the month.

Meteorologists moderated their earlier forecast for the last week of January, noting the weather would remain near normal this week.

Intense volatility late last year was due to a combination of changing weather forecasts and concerns about low stockpiles.

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