Natural Gas Prices Dropped On Profit Booking As Warmer

Natural gas trading range for the day is 206.1-216.7. Natural gas prices dropped on profit booking as warmer than normal weather is expected to cover most of the United States. 

Meanwhile, traders monitored shifting weather forecasts to assess the outlook for early-spring demand and supply levels.

The U.S. Energy Information Administration said in its weekly report that natural gas storage in the U.S. rose by 2 billion cubic feet.

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