Wednesday, 28 June 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 28 JUNE 2017

Naturalgas trading range for the day is 195.3-200.9.Natural gas rose extending gains from the prior session amid bullish weather forecasts that should provide a boost in demand for the fuel. Prices rallied as updated weather forecasting models pointed to increased summer demand in the weeks ahead. Natural gas 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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