EPIC RESEARCH MCX NATURAL GAS UPDATE OF 24 JUNE 2016

Naturalgas trading range for the day is 173.5-187.5.        
Naturalgas recovered from the day's low on forecasts of higher than normal temperatures across most of the United States.
EIA reported that U.S. natural gas stocks increased by 62bcf for the week ending June 17.          
Demand for natural gas tends to rise in the summer months as warmer temperatures increase the need for gas-fired electricity to power air conditioning.

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