Friday 23 February 2018

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 23 FEBRUARY 2018

Natural Gas trading range for the day is 169.2-175.2.Natura Gas on MCX settled down maintaining losses despite data showing that domestic supplies in storage fell more than forecast last week.EIA said in its weekly report that natural gas storage in the US fell by 124bcf in the week ended Feb. 16.Total natural gas in storage currently stands at 1.760 trillion cubic feet (tcf), according to the U.S. Energy Information Administration.

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