Wednesday, 31 May 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 31 MAY 2017

Natural gas trading range for the day is 200.4-210.8.Natural gas dropped as prices continues to trade with weakness where the weather along with east coast of the United States was cooler than normal.
The current forecast by the Nation Oceanic Atmospheric Administration is for cooler than normal weather which is likely to reduce cooling demandLooking ahead to this week’s weekly storage report on Thursday, inventories are expected to show a build of about 65bcf.


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