Natural Gas Rallied 6.99% On Short Covering And Prices Staged The Biggest Rally - Dollar Advisory | Best Commodity Tips Provider

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Friday 29 December 2017

Natural Gas Rallied 6.99% On Short Covering And Prices Staged The Biggest Rally

Natural gas trading range for the day is 171.8-197.4.

Natural gas rallied 6.99% on short covering and prices staged the biggest rally in two months as a frigid forecast signaled demand.

The US EIA said in its weekly report that natural gas storage in the US fell by 112bcfin the week ended December 22

A polar blast has heated up natural gas futures, which are up more than 13 percent in the past week on strengthening demand.

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