EPIC RESEARCH MCX NATURAL GAS UPDATE OF 07 JUNE 2017

Natural gas trading range for the day is 189.3-201.1.Natural gas gained on short covering as investors returned to the market to seek cheap valuations in wake of recent losses.Support also seen due to geo-political tension after Saudi, Egypt and Bahrain, said they would sever all ties as market highly reliant on Qatar gas.The move sparked concerns over supply disruptions, as Qatar supplies roughly a third of global liquified natural gas.

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