EPIC RESEARCH MCX NATURAL GAS UPDATE OF 8 JUNE 2016

Naturalgas trading range for the day is 159.4-169.          
Natural gas recovered from the early losses as warmer weather lifted cooling demand prospects for the fuel.
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.    
Natural-gas production could soon start to fall dramatically as some natural-gas rigs get reclassified as oil rigs because oil is fetching a better price

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