Naturalgas trading range for the day is 211.3-242.1 - Kedia Advisory
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Natural Gas
Observations
Naturalgas trading range for the day is 211.3-242.1
Natural gas gains on a smaller storage build and forecasts for higher demand
Traders noted prices were up on forecasts for hotter-than-normal weather to continue through mid-July
The U.S. EIA said utilities added 76 billion cubic feet (bcf) of gas into storage
Average gas output in the U.S. Lower 48 states fell to 101.5 bcfd so far in June from a record 102.5 bcfd in May.
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