Natural Gas Turned Lower After Data Showed - Dollar Advisory | Best Commodity Tips Provider

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Friday 17 March 2017

Natural Gas Turned Lower After Data Showed

Natural gas trading range for the day is 186.5-197.5.
Natural gas turned lower after data showed that natural gas supplies in storage in the U.S. fell less than expected last week.

The latest EIA natural gas storage data recorded a draw of 53bcf against the expectation of -58bcf for the week ending March 10th.
Stocks are now 9.5% below the year-ago figure, but 21.4% above the five-year average from the 18.8% recorded last week.

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