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Natural gas recovered on short-covering as traders betting a steep fall

Natural gas recovered on short-covering as traders betting a steep fall

Natural gas trading range for the day is 165.7-181.5. Natural gas recovered on short-covering as traders betting a steep fall may be petering out.NOAA said this years extremely warm winter has pushed heating demand for natural gas to nearly 20% below average.Market looked ahead to weekly storage data due on Thursday, which is expected to show a draw of 86bcf.

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