Monday, 15 May 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 15 MAY 2017

Naturalgas trading range for the day is 214-222.8. Natural gas gained continuing its gains after data showed that natural gas supplies in storage in the U.S. rose less than expected last week.Prices also seen supported after federal regulators limited construction on a pipeline, a move that may delay new Appalachian supplies from reaching the market.Another fundamental factor supportive to natural gas is the trade plan with China announced Thursday by the Trump administration.



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