Natural Gas Gained On Short Covering As Investors Returned - Dollar Advisory | Best Commodity Tips Provider

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Wednesday 7 June 2017

Natural Gas Gained On Short Covering As Investors Returned

Natural gas trading range for the day is 189.3-201.1.

Natural gas gained on short covering as investors returned to the market to seek cheap valuations in wake of recent losses.

Support also seen due to geo-political tension after Saudi, Egypt and Bahrain, said they would sever all ties as market highly reliant on Qatar gas.

The move sparked concerns over supply disruptions, as Qatar supplies roughly a third of global liquified natural gas.

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