Natural Gas Gained On Short Covering After Prices Remained Under Pressure - Dollar Advisory | Best Commodity Tips Provider

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Wednesday 11 October 2017

Natural Gas Gained On Short Covering After Prices Remained Under Pressure

Natural gas trading range for the day is 184.8-191.6.

Natural gas gained on short covering after prices remained under pressure as warmer than normal weather is cover most of the United States reducing cooling demand.

Inventories remain healthy near the 5-year average, which could climb if the weather remains warm.

Weather forecasting models predicted mild temperatures that should limit demand for the heating fuel in the coming days.

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