Monday, 12 June 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 12 JUNE 2017


Natural gas trading range for the day is 193.7-199.1.Natural gas prices settled after prices traded in range on larger-than-expected climb in U.S. Supplies.Total natural gas in storage currently stands at 2.631 trillion cubic feet, according to the U.S. EIA 11.2% lower than levels at this time a year ago.Prices have closely tracked weather forecasts in recent weeks, as traders try to gauge the impact of shifting outlooks on summer heating demand.

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