Monday, 7 August 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 07 AUGUST 2017

Naturalgas trading range for the day is 174.7-180.9. # Natural gas dropped as updated weather forecasts predicted that below normal temperatures across the U.S. could persist through the first half of August.Pressure also seen after data showed that domestic supplies in storage rose broadly in line with market expectations last week.The U.S. Energy Information Administration said in its weekly report that natural gas storage in the U.S. rose by 20 billion cubic feet in the week.



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