Monday, 7 November 2016

EPIC RESEARCH MCX NATURALGAS UPDATE OF 07 Nov 2016

Naturalgas trading range for the day is 181.6-190.6. Natural gas prices ended with losses as warm-weather forecasts and soft demand weighed on the market. High production all year, combined with a glut leftover from last winter and softer demand this autumn pushing storage levels to record highs. The U.S. Energy Information Administration said in its weekly report that natural gas storage in the U.S. rose by 54 billion cubic feet .
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