Naturalgas settled down at 189.70 as weaker than expected U.S. manufacturing data offset a warmer than expected weather forecast.
The EIA also reported that distillate fuel demand averaged 3.9 million barrels per day, down by 5.9% from the same period last year.
The warmer than normal weather that is forecast to cover most of the United States over the next 8-14 days should increase cooling demand.
The average inventory draw estimated by Estimize is a build of 40 Bcf, inventories remain at the lower end of the average 5-year range.
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