Natural Gas Prices Dropped After Data Showed

Natural gas trading range for the day is 193.5-201.7. Natural gas prices dropped after data showed that natural gas supplies in storage in the U.S. fell broadly in line with market expectations.

The U.S. Energy Information Administration said in its weekly report that natural gas storage in the U.S. declined by 150 billion cubic feet. 

Total natural gas in storage currently stands at 2.092 trillion cubic feet, according to the U.S. EIA, 16% lower than levels at this time a year ago.

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