EPIC RESEARCH MCX NATURAL GAS UPDATE OF 30 OCTOBER 2017

Naturalgas trading range for the day is 188-203.2. Natural gas prices fell on forecasts for less heating demand over the next two weeks and record output. In two weeks, demand was expected to edge up to 81.0 bcfd as the weather turns seasonally colder. Production in the lower 48 U.S. states reached a record 75.8 bcfd, easily topping the prior high of 75.0 bcfd set in September 2015, according to data.

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