Natural Gas Trading Range For The Day Is 148.2-158

Natural gas trading range for the day is 148.2-158.

Natural gas gained on forecasts calling for a little colder weather in late January despite a government report showing a smaller-than-expected storage draw.

EIA said utilities pulled 44 billion cubic feet of gas from storage during the week ended Jan. 3, lower than the 53 bcf draw forecasted.

Meteorologists projected the weather in the Lower 48 states will turn to colder-than-usual from Jan. 16-18 before returning to normal.

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