EPIC RESEARCH MCX NATURAL GAS UPDATE OF 23 JUNE 2016

Posted by Unknown on 11:26:00 with No comments

Naturalgas trading range for the day is 177.1-189.9.                                      Natural gas dropped as traders looked ahead to fresh weekly information on U.S. gas inventories to gauge the strength of demand for the fuel.                   
Total U.S. natural gas storage stood at 3.041 trillion cubic feet, 20.8% higher than levels at this time a year ago.                                          
EIA's storage report slated for release on Thursday is expected to show a build in 59bcf for the week ending June 17.

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