EPIC RESEARCH MCX NATURAL GAS UPDATE OF 25 MAY 2016

Posted by Farhan Khan on 11:49:00 with No comments
Naturalgas trading range for the day is 130-143.8.          
Naturalgas prices dropped more than 3% to a one-month low due to mild
weather forecasts that have muted demand expectations.  
The natural-gas market is oversupplied following a mild winter, which
limited indoor-heating demand.           
Inventories of natural gas stand 41% above the five-year average for this time of year, and market say that stockpiles could threaten to exceed story
capacity 


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