EPIC RESEARCH MCX NATURAL GAS UPDATE OF 17 JUNE 2016
Posted by Unknown on 11:47:00 with No comments
Naturalgas trading range for the day is
169.5-180.7.
Natural gas dropped from day's high after data showed that natural gas supplies in storage in the US rose more than expected last week.
EIA said in its weekly report that natural gas storage in the US in the week ended June 10 rose by 69 billion cubic feet.
Updated weather forecasting models continued to show above-normal temperatures across most parts of the U.S. over the next two weeks.
Natural gas dropped from day's high after data showed that natural gas supplies in storage in the US rose more than expected last week.
EIA said in its weekly report that natural gas storage in the US in the week ended June 10 rose by 69 billion cubic feet.
Updated weather forecasting models continued to show above-normal temperatures across most parts of the U.S. over the next two weeks.
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