Thursday 1 June 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 1 JUNE 2017

Naturalgas trading range for the day is 208.5-218.1.Natural prices ended with gains as recent weather forecasts have consistently called for natural gas demand to be slightly stronger than normal.Demand for the week is expected to be moderate largely due to expected cooler temperatures into the weekend in the east-central and southern states.The U.S. Energy Information Administration (EIA) reported that U.S. natural gas stocks increased by 75 billion cubic feet.

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