Monday 17 December 2018

Natural gas trading range for the day is 261.4-301.8

Natural gas trading range for the day is 261.4-301.8.

Natural gas prices dropped on forecasts for warmer weather next week than previously expected.

Stockpiles are now 20 percent below the normal for this time of year and at their lowest in 16 years.

Since the middle of November, the combination of changing weather forecasts and low stockpiles has kept futures prices and volatility near their highest in years

Gas output in the Lower 48 has averaged a near record high of 87.4 bcfd in the past 30 days.

Commodity Mcx Live Price

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