EPIC RESEARCH MCX NATURAL GAS UPDATE OF 27 MAY 2016
Posted by Unknown on 12:12:00 with No comments
Naturalgas trading range for the day is 141.1-149.7.
Natural-gas prices fell to settled below 145 as a glut leftover from winter continued to grow more quickly than expected.
Energy Information Administration said natural-gas stockpiles grew by 71 billion cubic feet last week, compared to the 68 bcf
Inventories as of May 20 reached 2.8tcf, 37% above levels from a year ago and the five-year average for the same week, according to EIA.
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Natural-gas prices fell to settled below 145 as a glut leftover from winter continued to grow more quickly than expected.
Energy Information Administration said natural-gas stockpiles grew by 71 billion cubic feet last week, compared to the 68 bcf
Inventories as of May 20 reached 2.8tcf, 37% above levels from a year ago and the five-year average for the same week, according to EIA.
For more Accurate MCX TIPS ✆ – 0731-6642300
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