Natural Gas Moved Higher After Data Showed That Domestic Supplies - Dollar Advisory | Best Commodity Tips Provider

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Friday 3 November 2017

Natural Gas Moved Higher After Data Showed That Domestic Supplies

Natural gas trading range for the day is 186.3-193.7.

Natural gas moved higher after data showed that domestic supplies in storage increased broadly in line with market expectations last week.

The U.S. EIA said in its weekly report that natural gas storage in the U.S. rose by 65 billion cubic feet in the week ended Oct. 27.

That compared with a gain of 64 bcf in the preceding week, a build of 54 bcf a year earlier and a five-year average rise of 60 bcf.

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