EPIC RESEARCH MCX NATURAL GAS UPDATE OF 5 MAY 2016

Posted by Farhan Khan on 12:01:00 with No comments
Naturalgas trading range for the day is 135.7-148.3.       
Natural-gas prices rose as improving demand and shrinking supply keep traders betting on a rebound.              
The US EIA's storage report slated for release on Thursday is expected to show a build of approximately 69bcf for the week ending April 29. 
Prices have been rising in recent weeks as speculators bet that massive spending cuts from producers, and demand from warm weather.

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