Wednesday, 19 October 2016

EPIC RESEARCH MCX NATURALGAS UPDATE OF 19 Oct 2016

Naturalgas trading range for the day is 214.5-222.9.
Natural gas prices gained driven by uncertainty about winter forecasts.
A series of smaller-than-expected injections of natural gas into storage has raised hopes that the overhang of supply is dissipating.
Natural gas production on the Norwegian Continental Shelf posted steep monthly and annual falls during September.

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