Natural Gas Gained On Short Covering Despite Data Showed

Natural gas trading range for the day is 180.2-193.8. Natural gas gained on short covering despite data showed that natural gas supplies rose for the first time since last March. 

EIA said in its weekly report that natural gas storage in the US rose by 7bcf in the week ended February 24.

Prices of the heating fuel are down a whopping 28% so far this year as forecasts for warm winter weather weighed on heating demand expectations.

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