. Natural gas futures close today while posting a trade inside the previous day’s range.
. Most traders are focusing on weather forecasts and the upcoming warmth of spring, cold weather over the short- term continues to drive some support amid lingering demand that should keep gnawing away at natural gas inventories.
. However, the trader will have to contend with the implications of the current and mid-range cold as storage withdrawals are expected to continue.
. Total natural gas in storage currently stands at 1.532 trillion cubic feet (Tcf), according to the EIA.