EPIC RESEARCH MCX NATURAL GAS UPDATE OF 07 NOVEMBER 2017

Naturalgas trading range for the day is 192.9-207.3.Natural gas rallied 4% as traders reacted to bullish weather forecasts over the next two weeks, that should lead to an increase in heating demand. Natural gas prices typically rise ahead of the winter as colder weather sparks indoor-heating demand. Total natural gas in storage currently stands at 3.775 trillion cubic feet (tcf), according to the U.S. Energy Information Administration.

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