Natural Gas Trading Range For The Day Is 169.5-181.1

Natural Gas on MCX settled up 0.68% at 176.4 amid forecasts for more cold December weather than previously expected. On Tuesday, the contract dropped over 5 percent to a nine-month low on forecasts for less cold weather than previously forecast. Next-day power and gas prices in New England held near their highest levels since last winter on forecasts for a few days of bitter cold in the region. Production in the lower 48 U.S.

Trading Ideas:

* Natural Gas trading range for the day is 169.5-181.1.

* Natural Gas ticked higher amid forecasts for more cold December weather than previously expected.

* Total Natural Gas in storage currently stands at 3.695 trillion cubic feet (tcf), according to the U.S. Energy Information Administration.

* Meanwhile, investors looked ahead to weekly data from the U.S. on gas supplies in storage.

More Stock Market Tips >> https://goo.gl/nBwumR Or Give A Missed Call @ 9713040450 And Like This Page >> https://www.facebook.com/capitalliferesearch.