EPIC RESEARCH MCX NATURAL GAS UPDATE OF 7 JUNE 2016

Naturalgas trading range for the day is 158.8-168.4.       
Natural gas rose to a five-month high on Monday, on forecasts for continued above-normal temperatures across most parts of the US.
Demand to rise in the summer months as warmer temperatures increase the need for gas-fired electricity to power air conditioning.   
Gains can be capped amid concerns over record-high storage levels. Total U.S. natural gas storage stood at 2.907tcf as of last week.


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