Naturalgas trading range for the day is 126.2-143.4.
Natural gas prices rose more than 6% as a recovery in oil prices after steep declines in the previous session saw risk appetite sharpen.
Weather forecasting models called for some colder-than-average temperatures in the next two weeks, which could increase natural gas consumption.
A warmer-than-normal 2015-2016 winter in the U.S. reduced demand for natural gas as an indoor-heating fuel.
For more information ✆ – 0731-6642300 or Visit http://www.epicresearch.co
Natural gas prices rose more than 6% as a recovery in oil prices after steep declines in the previous session saw risk appetite sharpen.
Weather forecasting models called for some colder-than-average temperatures in the next two weeks, which could increase natural gas consumption.
A warmer-than-normal 2015-2016 winter in the U.S. reduced demand for natural gas as an indoor-heating fuel.
For more information ✆ – 0731-6642300 or Visit http://www.epicresearch.co
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