Friday, 14 October 2016

EPIC RESEARCH MCX NATURALGAS UPDATE OF 14 Oct 2016

Naturalgas trading range for the day is 207.1-233.5.Natural gas prices rallied after data showed that natural gas supplies in storage in the U.S. rose less than expected last week.
The U.S. Energy Information Administration said in its weekly report that natural gas storage in the U.S. rose by 79 billion cubic feet.That compared with a gain of 80 billion cubic feet in the preceding week, 97 billion a year earlier and a five-year average build of 92 billion cubic feet.


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