Natural gas trading range for the day is 201.5-215.9.
Natural gas dropped in the line of expectation as cool weather raised long-term concerns that summer heat won’t show up in full force.
Investors are likely to continue to be more focused on the short-term weather pattern than the longer-term weather outlook for the summer.
Natgasweather.com is calling for cooler than normal temperatures over US later this week, while warm over the West.
Natural gas dropped in the line of expectation as cool weather raised long-term concerns that summer heat won’t show up in full force.
Investors are likely to continue to be more focused on the short-term weather pattern than the longer-term weather outlook for the summer.
Natgasweather.com is calling for cooler than normal temperatures over US later this week, while warm over the West.
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