EPIC RESEARCH MCX NATURAL GAS UPDATE OF 31 MAY 2016

Naturalgas trading range for the day is 144.4-147.6.       
Natural gas edged lower after the latest U.S. weather model called for mild summer temperatures over the next two.              
Natural gas prices have closely tracked weather forecasts in recent weeks, as traders try to gauge the impact of shifting outlooks on spring heating demand.    
Total U.S. natural gas storage stood at 2.8 trillion cubic feet as of last week, according to the U.S. EIA, 37% higher than levels at this time a year ago

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