Friday 12 May 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 12 MAY 2017

Naturalgas trading range for the day is 208.5-223.1. Naturalgas gained after data showed that natural gas supplies in storage in the U.S. rose less than expected last week. EIA said in its weekly report that natural gas storage in the US rose by 45bcf in the week ended May 5. Slightly cool conditions linger, with still another weather system and reinforcing cool shot to follow Friday through Monday .

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