Friday, 19 May 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 19 MAY 2017

Naturalgas trading range for the day is 202.2-214. Naturalgas edged higher despite data showing that natural gas supplies in storage in the U.S. rose more than expected last week. The latest U.S. weather model called for mild temperatures over the next two weeks, which should reduce demand during that time.EIA said in its weekly report that natural gas storage in the US rose by 68bcf in the week ended May 12.



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