EPIC RESEARCH MCX NATURAL GAS UPDATE OF 01 NOVEMBER 2017

Naturalgas trading range for the day is 182-198.6. Natural gas dropped again below 188 level as bearish speculators bet that forecasts for warmer weather over the next two weeks. Prices often reach a seasonal low in October, when mild weather weakens demand, before recovering in the winter, when heating-fuel use peaks. Total natural gas in storage currently stands at 3.710 trillion cubic feet (tcf), according to the U.S. Energy Information Administration.

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