Natural Gas Prices Gained With Traders Betting

Natural gas trading range for the day is 195.4-203.8. Natural gas prices gained with traders betting that low production and rising demand for exports mean supplies are tightening despite waning cold weather.

Meanwhile, updated weather forecasting models showed that warm to mild conditions will dominate most of the U.S. 

The U.S. EIA said in its weekly report that natural gas storage in the U.S. declined by 150 billion cubic feet in the week ended March 17.

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