Friday, 1 February 2019

Natural Gas Slipped As The Market Focused On Forecasts

Natural Gas trading range for the day is 193.7-212.5.

Natural gas slipped as the market focused on forecasts for warmer weather next week and a smaller-than-expected weekly storage draw.

Crude oil dropped on profit booking after prices gained amid lower imports into the United States amid OPEC efforts to tighten the market.

Friday, February 01, 2019 EIA said utilities pulled 173 billion cubic feet of gas from inventories during the colder-than-normal week ended Jan. 25.

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