EPIC RESEARCH MCX NATURAL GAS UPDATE OF 6 JUNE 2016

Naturalgas trading range for the day is 157.7-167.7.       
Natural gas ended with losses on profit booking after prices gained amid forecasts for warmer weather boosted demand expectations.  
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.   
The U.S. Energy Information Administration said in its weekly report that natural gas storage in the U.S. rose by 82 billion cubic feet

For more Accurate MCX TIPS ✆ – 0731-6642300

Connect with our social media sites

Facebook

Twitter

YouTube

Pinterest

Linkedin

Google+