Thursday, 20 June 2019

Natural Gas Fell On Expectations Weekly Report Will Show A Much Bigger

Natural gas trading range for the day is 156.6-167.2.

Natural gas fell on expectations weekly report will show a much bigger than usual storage build due to mild weather and near record production last week.

Pressure remained on prices as near-record production and moderate weather this spring have allowed utilities to inject huge amounts of gas into storage.

Utilities likely added 106 bcf of gas to inventories during the week ended June 14.

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