Commodity Tips:- Natural Gas Trading Range For The Day Is 181.9-189.7

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Natural gas trading range for the day is 181.9-189.7.

 

Natural gas remained under pressure as market players looked ahead to weekly data from the U.S. which is expected to show the first storage build of the injection season.

 

Total natural gas in storage currently stands at 1.281 trillion cubic feet (tcf), according to the U.S. Energy Information Administration.

 

That figure is 897 bcf, or around 41.2%, lower than levels at this time a year ago, and 527 bcf, or roughly 29.1%, below the five-year average for this time of year.

 

Record high domestic production levels have overshadowed the fact that stocks in storage are well below their seasonal averages for this time of year.

 

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Comments

  1. Rudra Investment4 May 2018 at 14:56

    Free Commodity Tips provides best technical and derivative reports for get back huge profit in the commodity market with the minimum investment and get back maximum profit.

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