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Natural Gas Updates for 21 Dec 2016

Natural Gas Updates for 21 Dec 2016

Naturalgas trading range for the day is 215.8-235.8.Natural gas prices dropped as forecasts for less cold weather and lighter heating demand through the end of the year dragged down prices. Updated weather forecasting models predicted warmer temperatures would arrive by the end of December, dampening demand for the heating fuel. Total natural gas in storage currently stands at 3.806 trillion cubic feet, according to the US EIA.

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