Monday 25 March 2019

Natural Gas Trading Range For The Day Is 188.9-195.3

Natural Gas trading range for the day is 188.9-195.3.

Natural gas dropped weighed down by a fall in demand from the Sabine Pass export terminal in Louisiana, warmer weather and a smaller year-on-year inventory deficit.

EIA said utilities pulled just 47 billion cubic feet of gas from inventories during the warmer than normal week ended March 15.

U.S. dry natural gas production will rise to an all-time high of 90.73 billion cubic feet per day (bcfd) in 2019 from a record high of 83.35 bcfd in 2018.

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