Friday, 13 October 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 13 OCTOBER 2017

Naturalgas trading range for the day is 186.4-200.8. Natural gas prices rebounded despite warmer than normal weather that is expected to cover most of the United States for the next 8-14 days. Data from the U.S. Energy Information Administration on Thursday showed that domestic supplies of natural gas rose by 87 billion cubic feet.Total stocks now stand at 3.595 trillion cubic feet, down 153 billion cubic feet from a year ago, and 8 billion cubic feet below the five-year average.



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