Monday 19 June 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 19 JUNE 2017

Naturalgas trading range for the day is 193.4-200.4.Natural gas prices dropped as forecasts for below-normal temperatures across most parts of the U.S. over the next two weeks weighed. Stockpiles fell week over week to 10.6% below last year’s level, but they remain 9.2% above the five-year average. Data showed that natural gas supplies in storage in the U.S. rose less than anticipated last week.

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