Tuesday, 10 July 2018

EPIC RESEARCH MCX NATURALGAS UPDATE OF 10 July 2018

Naturalgas trading range for the day is 192-198.6.

Natural gas dropped to as production hit another record high and forecasts for less hot weather and demand during over the next two weeks than previously expected.

In recent months, the biggest factor affecting the gas market has been speculation on whether production, which is at record levels.

Production in the Lower 48 U.S. states averaged a record high 80.4 billion cubic feet per day (bcfd) over the past 30 days.
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