Natural Gas Dropped Again Below 188 Level As Bearish Speculators - Dollar Advisory | Best Commodity Tips Provider

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Wednesday 1 November 2017

Natural Gas Dropped Again Below 188 Level As Bearish Speculators

Natural gas trading range for the day is 182-198.6.

Natural gas dropped again below 188 level as bearish speculators bet that forecasts for warmer weather over the next two weeks.

Prices often reach a seasonal low in October, when mild weather weakens demand, before recovering in the winter, when heating-fuel use peaks.

Total natural gas in storage currently stands at 3.710 trillion cubic feet, according to the U.S. Energy Information Administration.

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