Thursday 17 August 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 17 AUGUST 2017

Naturalgas trading range for the day is 183.5-189.9. Natural gas dropped as investors looked ahead to weekly data from the U.S. on supplies in storage to gauge demand for the fuel.A weak weather system will sweep across the Great Lakes to Northeast US Fri-Sat with minor cooling. Traders largely ignored forecasts for hotter weather over the next two weeks that is expected to boost cooling demand.

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