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Natural gas updates for 30 Jan 2017

Natural gas updates for 30 Jan 2017

Natural gas trading range for the day is 219.8-234.8. Natural gas gained as prices seen supported after data showed that natural gas supplies in storage in the U.S. fell more than expected last week. The US EIA said in its weekly report that natural gas storage in the U.S. declined by 119 billion cubic feet in the week ended January 20 Extended models pointed to colder conditions from January 31 through February 3, maintaining near to stronger than normal natural gas demand.

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