Natural Gas Trading Range For The Day Is 183.4-192

Natural gas trading range for the day is 183.4-192. Natural gas prices tried to recovered from the days low as weather forecasting models turned warmer, which should boost demand in the weeks ahead Natural gas prices have closely tracked weather forecasts as traders try to gauge the impact of shifting outlooks on summer heating demand. Weather conditions remained very hot across much of the South and Southwest which continued to fuel demand for natural gas. Traders are eyeing on storage data with expecting a significantly lower build on the week of close to 55 bcf following an increase of 78 Bcf last week.

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