IGI Logo

Crudeoil

Observation

Naturalgas trading range for the day is 204.4-220.2

Natural gas gained amid a drop in output and forecasts for more demand

EIA utilities added 95 billion cubic feet (bcf) of gas into storage during the week ended June 16.

Average gas output in the U.S. Lower 48 states fell from a record 102.5 bcfd in May to 101.5 bcfd so far in June

Meteorologists forecast the weather in the Lower 48 states would turn from near-normal now to hotter than normal from June 24-July 7.

Natural Gas

Observations

Naturalgas trading range for the day is 204.4-220.2

Natural gas gained amid a drop in output and forecasts for more demand

EIA utilities added 95 billion cubic feet (bcf) of gas into storage during the week ended June 16.

Average gas output in the U.S. Lower 48 states fell from a record 102.5 bcfd in May to 101.5 bcfd so far in June

Meteorologists forecast the weather in the Lower 48 states would turn from near-normal now to hotter than normal from June 24-July 7.

To Read Complete Report & Disclaimer Click Here

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer