Monday 10 July 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 10 JULY 2017

Naturalgas trading range for the day is 181-192.8. Natural gas prices ended with losses as EIA reports larger-than-expected climb in U.S. supplies. Sentiments also remained weak as cooler than normal weather is forecast to cover most of the east coast of the United States over the next 8-14 days. Data from the U.S. Energy Information Administration showed that domestic supplies of natural gas rose by 72 billion cubic feet.

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