Wednesday, 2 August 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 02 AUGUST 2017

Naturalgas trading range for the day is 175.9-185.1. Naturalgas settled up on short covering while earlier prices extended its sharp losses after updated weather forecasts. A weather system with cooling will linger over the East with showers and thunderstorms through August 5, resulting in comfortable temperatures. Total natural gas in storage currently stands at 2.990tcf, according to the U.S. Energy Information Administration.



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