MTECHTIPS;-Natural gas prices to trade positive

MTECHTIPS;-Natural gas prices to trade positive

MTECHTIPS-U.S. natural gas futures on Thursday climbed to their highest since January on a bigger-than-usual storage draw and continued low production after the front-month contract rolled to a new, more expensive month. The U.S. Energy Information Administration (EIA) said utilities pulled 43 billion cubic feet of gas from storage during the week ended on March 24, the most for that week since 2014.We expect Natural gas prices to trade positive on the back of weak production.

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