EPIC RESEARCH MCX NATURAL GAS UPDATE OF 22 JUNE 2016
Posted by Unknown on 11:44:00 with No comments
Naturalgas trading range for
the day is 180.8-191.8.
Natural gas rose as forecasts for continued above-normal temperatures across most parts of the U.S. throughout most of summer raised demand.
Updated forecasts said temperatures in the Midwest and eastern seaboard will be warmer than previously expected going into the July 4 holiday weekend.
EIA's storage report slated for release on Thursday is expected to show a build in a range between 55 to 66bcf for the week ending June 17.
Natural gas rose as forecasts for continued above-normal temperatures across most parts of the U.S. throughout most of summer raised demand.
Updated forecasts said temperatures in the Midwest and eastern seaboard will be warmer than previously expected going into the July 4 holiday weekend.
EIA's storage report slated for release on Thursday is expected to show a build in a range between 55 to 66bcf for the week ending June 17.
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