Thursday, 7 December 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 07 DECEMBER 2017

Naturalgas trading range for the day is 184.6-193.8. Natural gas prices recovered from lows as market players continued to monitor winter weather forecasts to gauge demand for the fuel. Natural gas futures have closely tracked weather forecasts in recent weeks, as traders try to gauge the impact of shifting outlooks on early-winter heating demand. Total natural gas in storage currently stands at 3.693 trillion cubic feet (tcf), according to the U.S. Energy Information Administration.

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