EPIC RESEARCH MCX NATURAL GAS UPDATE OF 3 JUNE 2016

Posted by Farhan Khan on 11:33:00 with No comments
Naturalgas trading range for the day is 157.9-166.3.       
Natural gas prices rose as support seen after US inventory data showed an increase in stockpiles that was smaller than expected.         
EIA said in its weekly report that natural gas storage in the US in the week ended May 27 rose by 82bcf against 85bcf. 
Demand for natural gas tends to rise in the summer months as warmer temperatures increase.  


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