Natural Gas Settled Up 1.37% At 222.30 On Short-Covering As Support

Natural Gas trading range for the day is 214.2-234.6.

Natural Gas settled up 1.37% at 222.30 on short-covering as support seen on the prospect of another mega-drawdown in US natural gas inventories.

Temperatures throughout the central U.S. and Midwest will also fall to below seasonal levels through Feb. 6 as Arctic blasts sweep through.

Total natural gas in storage currently stands at 2.584 trillion cubic feet (tcf), according to the U.S. Energy Information Administration.

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