Natural gas trading range for the day is 185.3-197.7.
Natural gas prices dropped as traders reacted to forecasts showing a return to mild weather after a cold spell in the eastern U.S.
Bearish speculators are betting that the warmer weather will reduce early-winter demand for the heating fuel.
Prices often reach a seasonal low in October, when mild weather weakens demand, before recovering in the winter, when heating-fuel use peaks.
For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory
Natural gas prices dropped as traders reacted to forecasts showing a return to mild weather after a cold spell in the eastern U.S.
Bearish speculators are betting that the warmer weather will reduce early-winter demand for the heating fuel.
Prices often reach a seasonal low in October, when mild weather weakens demand, before recovering in the winter, when heating-fuel use peaks.
For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory
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