EPIC RESEARCH MCX NATURAL GAS UPDATE OF 27 MAY 2016

Posted by Farhan Khan 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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