Natural Gas Prices Gained On Short Covering As Investors Reacted - Dollar Advisory | Best Commodity Tips Provider

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Tuesday 7 March 2017

Natural Gas Prices Gained On Short Covering As Investors Reacted

Natural gas trading range for the day is 184.4-203.4. Natural gas prices gained on short covering as investors reacted to an increase in demand due the return of cold temperatures. 

Return of cold weather will limit the amount of surplus gas headed into storage, gains are likely to be limited.

EIA report showed that U.S. working stocks of natural gas totaled about 2.363tcf, around 295 Bcf.

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