Friday 30 September 2016

EPIC RESEARCH MCX NATURALGAS UPDATE OF 30 SEP 2016

Naturalgas trading range for the day is 194.8-205. Natural gas revered losses, turning higher after data showed that natural gas supplies in storage in the U.S. rose less than expected last week. The U.S. Energy Information Administration said in its weekly report that natural gas storage in the U.S. rose by 49 billion cubic feet. That compared with a gain of 52 billion cubic feet in the preceding week, 96 billion a year earlier and a five-year average build of 97 billion cubic feet.
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