Natural Gas Gained As Updated Forecasting Models Pointed To Above Average Temperatures - Dollar Advisory | Best Commodity Tips Provider

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Tuesday 8 May 2018

Natural Gas Gained As Updated Forecasting Models Pointed To Above Average Temperatures

Natural gas trading range for the day is 179.4-189.6.

Natural gas gained as updated forecasting models pointed to above-average temperatures covering most of the country over the next two weeks.

Total natural gas in storage currently stands at 1.343 trillion cubic feet, according to the U.S. Energy Information Administration.

That figure is 903 bcf, or around 40.2%, lower than levels at this time a year ago, and 534 bcf, or roughly 28.4%, below the five-year average for this time of year.

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