Natural Gas Down -4.22% At 177.10 On Fresh Selling As Warmer Weather Outlooks - Dollar Advisory | Best Commodity Tips Provider

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Tuesday 6 February 2018

Natural Gas Down -4.22% At 177.10 On Fresh Selling As Warmer Weather Outlooks

Natural gas trading range for the day is 170.2-189.2.

Natural gas down -4.22% at 177.10 on fresh selling as warmer weather outlooks

Prices plunged about 19% last week, after weather forecasts showed that temperatures won't be as cold as previously expected.

Bearish speculators are betting that the mild weather will reduce winter demand for the heating fuel.

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