Naturalgas trading range for the day is 190.6-198.Natural gas prices dropped continuing its weak trend after weekly data on US inventories of the commodity came in higher than expected.Data from the U.S. Energy Information Administration showed that domestic supplies of natural gas rose by 81 billion cubic feet.The EIA said its figures included a reclassification of stocks, which resulted in a decrease of about 4 bcf in one specific region.
Crudeoil trading range for the day is 2968-3186.Crude oil dropped on worries that U.S. President Trumps decision to abandon a climate pact could spark more crude drilling in the United States, worsening a global glut.U.S. crude production last week already stood nearly 500,000 bpd above the year-earlier level, straining OPECs efforts to drain a global overhang.Rising output from OPEC members Nigeria and Libya, which are exempt from the deal, is also undercutting the attempt to limit production
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