EPIC RESEARCH MCX NATURAL GAS UPDATE OF 15 JUNE 2016

Posted by Unknown on 12:30:00 with No comments
Naturalgas trading range for the day is 168.7-180.1.        
Natural gas gained as forecasts for continued above-normal temperatures across most parts of the U.S. over the next two weeks continued to provide support.  
Natural gas prices have closely tracked weather forecasts in recent weeks, as traders try to gauge the impact of shifting outlooks on early summer cooling demand.      
Meanwhile, traders looked ahead to fresh weekly information on U.S. gas inventories to gauge the strength of demand for the fuel.


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