Natural gas trading range for the day is 178.4-189

Natural gas trading range for the day is 178.4-189.

Natural gas settled up on forecasts for more heating demand next week and an increase in liquefied natural gas exports to near record levels.

U.S. dry natural gas production will rise to an all-time high of 90.27 billion cubic feet per day (bcfd) in 2019 from a record high of 83.40 bcfd last year

The latest May output projection for 2019 was down from EIA's 91.00 bcfd forecast in April.

Market volatility has remained low since the weather started to warm this spring on belief that record and growing production will meet any increase in demand.

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