Natural Gas Trading Range For The Day Is 217.8-246.4

Natural gas trading range for the day is 217.8-246.4.

Natural gas on MCX settled down -3.65% at 229.50 on fresh selling as prices retraced some of the gains experienced last week.

Colder than normal weather is expected to cover most of the mid-west and east coast for the next 2-week.

The U.S. Energy Department's weekly inventory release showed a bigger-than-expected decrease in natural gas supplies.

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