Wednesday, 9 August 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 09 AUGUST 2017

Naturalgas trading range for the day is 176.4-183. Naturalgas recovered from the day's low as prices struggled for direction in subdued trade, remaining within sight of their lowest level.Natural gas output from US fields will rise more than expected in 2018, the Energy Information Administration reported on Tuesday. EIA sees gas output at 77.34 billion cubic feet a day in 2018, up 1.2 percent from its prior estimate.

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