Tuesday 26 December 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 26 DECEMBER 2017

Naturalgas trading range for the day is 163.7-173.9.Natural gas rose as forecasts for colder weather through early January were expected to boost heating demand. Colder weather forecasts over much of the U.S. promises to bring another round of elevated demand for heating and larger storage withdrawals. U.S. gas consumption will rise to an average of 113.8 billion cubic feet per day (bcfd) next week from 101.7 bcfd this week.



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