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Natural gas prices dropped as pressure seen amid rise in inventory despite

Natural gas prices dropped as pressure seen amid rise in inventory despite

Natural gas trading range for the day is 183.8-191.6. Natural gas prices dropped as pressure seen amid rise in inventory despite of slightly cooler weather forecasts. The U.S. Energy Information Administration said in its weekly report that natural gas storage in the U.S. rose by 7 billion cubic feet.Total natural gas in storage currently stands at 2.363 trillion cubic feet, according to the U.S. EIA, 7.3% lower than levels at this time a year ago.

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