Tuesday, 5 December 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 05 DECEMBER 2017

Naturalgas trading range for the day is 184.7-205.9.Natural gas fell on doubts about heating demand despite forecasts for colder weather across much of the country for the first time this winter.Gas prices have been on a roller-coaster ride since the Nov. 23 U.S. Thanksgiving Day holiday because of daily changes in weather forecasts.With temperatures expected to fall further in mid-December, projected demand will reach an average of 114.8 bcfd in two weeks.

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