Naturalgas trading range for the day is 183.7-194.1.
Natural gas dropped amid rising production offset forecasts for colder weather and higher heating demand than previously expected next week.
U.S. dry natural gas production will rise to an all-time high of 90.16 billion cubic feet per day in 2019 from a record high of 83.26 bcfd in 2018.
EIA also projected U.S. gas consumption would rise to an all-time high of 82.53 bcfd in 2019 from a record high 81.68 bcfd in 2018.
For more information ✆ +91- 6232578593 or visit www.moneymarketmanthan.com
Natural gas dropped amid rising production offset forecasts for colder weather and higher heating demand than previously expected next week.
U.S. dry natural gas production will rise to an all-time high of 90.16 billion cubic feet per day in 2019 from a record high of 83.26 bcfd in 2018.
EIA also projected U.S. gas consumption would rise to an all-time high of 82.53 bcfd in 2019 from a record high 81.68 bcfd in 2018.
For more information ✆ +91- 6232578593 or visit www.moneymarketmanthan.com
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