Friday, 11 January 2019

Natural Gas Trading Range For The Day Is 205.3-220.9

Natural gas trading range for the day is 205.3-220.9.

Natural gas eased as the market focused more on a report showing a much smaller-than-usual weekly storage withdrawal than forecasts for colder weather later in the month.

The U.S. Energy Information Administration said utilities pulled a smaller-than-normal 87 billion cubic feet of gas from inventories.

The withdrawal, which included a small reclassification of working gas to base gas, cut stockpiles to 2.614 trillion cubic feet.

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