Thursday 10 August 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 10 AUGUST 2017

Naturalgas trading range for the day is 177.5-189.7. Naturalgas rallied despite cooler than normal weather and ahead of Thursday inventory report from the Department of Energy. Overall demand will be near normal due to much of the northern ½ of the US being comfortable and lacking summer heat. Tropical Storm Franklin is circling in the Gulf of Mexico, but it is unlikely to hit U.S. installations in Texas or Louisiana.

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