By FX Empire.com
Natural gas prices fell on Thursday after the EIA report showed that natural gas inventories increased by 112 billion cubic feet, above median estimates of 104 billion cubic feet, and compared with the 5-year average increase for the week of 72 billion cubic feet, which put natural gas prices under pressure.
Natural gas prices though could rebound on Friday, as weather forecasts suggest that temperatures will be below average over the next two weeks in East and Midwest of the United States, and that could boost demand for heating oil.
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