Natural Gas Fell On Forecasts For Less Heating Demand Later In December

Natural gas trading range for the day is 167.5-177.7.

Natural gas fell on forecasts for less heating demand later in December than previously expected and a smaller-than-usual storage draw.

The U.S. Energy Information Administration said U.S. utilities pulled just 69 billion cubic feet of gas from storage during the week.

The decline cut stockpiles to 3.626 trillion cubic feet, just 0.7 percent below the 3.653 tcf five-year average for this time of year.

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