EPIC RESEARCH MCX NATURAL GAS UPDATE OF 01 DECEMBER 2017

Naturalgas trading range for the day is 189.5-210.5.Natural Gas dropped nearly -4% extending losses after data showed that domestic supplies in storage fell less than forecast last week. EIA said in its weekly report that natural gas storage in the US fell by 33bcf in the week ended Nov. 24, compared to -37 bcf.Natural gas futures have closely tracked weather forecasts in recent weeks, as traders try to gauge the impact of shifting outlooks on early-winter.

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