Today Natural Gas Trading Is 201.5-210.3

Natural gas trading range for the day is 201.5-210.3. Natural gas dropped continuing its weak trend as traders were caution for recent move given the upcoming weather forecast. The EIA in its Short-Term Energy Outlook report estimates that US dry natural gas production will average 73.1 Bcf per day in 2017. Market intelligence company Point Logic reported that weekly US dry natural gas production rose 0.6% to 70.2 Bcf (billion cubic feet) per day from April 612, 2017.

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