Natural Gas Bounced Back From The Prior Session's Losses - Dollar Advisory | Best Commodity Tips Provider

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Wednesday 18 October 2017

Natural Gas Bounced Back From The Prior Session's Losses

Natural gas trading range for the day is 188.8-199.

Natural gas bounced back from the prior session's losses, as hopes for higher heating demand this winter than in the past two winters provided support.

In latest forecasts, U.S. NOAA predicted temperatures from November through March would be 13% colder than last winter.

Traders were optimistic that colder weather would boost heating demand this winter over the prior two snow seasons, which were among the warmest on record.

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