EPIC RESEARCH MCX NATURAL GAS UPDATE OF 23 NOVEMBER 2017

Naturalgas trading range for the day is 189.7-198.5. Natural gas prices moved lower as warmer than normal weather is expected to cover most of the US for the next 8-14 days EIA report shows a change of -46 Bcf against the estimate of -50 Bcf and 5 Bcf lower than the consensus average of -51 Bcf. Warmer weather will erode natural gas demand during the beginning drawing season, for natural gas inventories.

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