Natural gas trading range for the day is 199.3-211.5. Natural gas edged higher regaining strength as traders monitored shifting weather forecasts to assess the outlook for early-spring demand and supply levels.
Natural gas prices have closely tracked weather forecasts in recent weeks, as traders try to gauge the impact of shifting forecasts on early-spring demand.
Market participants looked ahead to weekly storage data due on Thursday, which is expected to show a draw in a range between 43 and 54 bcf.
Natural gas prices have closely tracked weather forecasts in recent weeks, as traders try to gauge the impact of shifting forecasts on early-spring demand.
Market participants looked ahead to weekly storage data due on Thursday, which is expected to show a draw in a range between 43 and 54 bcf.
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