EPIC RESEARCH MCX NATURAL GAS UPDATE OF 3 MAY 2016

Posted by Farhan Khan on 13:18:00 with No comments
Naturalgas trading range for the day is 133.5-145.1.       
Natural gas slid as forecasts showed warmer weather that would curtail demand for the heating fuel.
Gas prices surged to a 13-week high on Friday after a segment of Spectra Energy Corp.’s Texas Eastern interstate pipeline ruptured, disrupting supplies.
Gas prices have languished near 1990s-era seasonal lows on concern that production from shale formations will fill storage caverns.

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