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Natural gas recovered from the day’s low while market players looked ahead

Natural gas recovered from the day’s low while market players looked ahead

Natural gas trading range for the day is 203.9-216.5. Natural gas recovered from the day’s low while market players looked ahead to weekly storage data to gauge supply and demand levels. Prices slumped to a ten-week low as forecasts called for mostly warmer-than-normal weather in U.S. for the rest of the winter. Prices are under pressure as mild weather forecasts for this winter, which has resulted in reduced demand.

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