EPIC RESEARCH MCX NATURAL GAS UPDATE OF 1 JULY 2016
Posted by Unknown on 14:38:00 with No comments
Naturalgas trading range for
the day is 190.5-202.7.
Natural gas rallied after data showed that natural gas supplies in storage in the U.S. rose less than expected last week.
The US EIA said in its weekly report that natural gas storage in the US in the week ended June 24 rose by 37bcf.
Updated weather forecasting models suggested that temperatures may be hotter than normal throughout most of the contiguous U.S. from July 8 through July 12.
Natural gas rallied after data showed that natural gas supplies in storage in the U.S. rose less than expected last week.
The US EIA said in its weekly report that natural gas storage in the US in the week ended June 24 rose by 37bcf.
Updated weather forecasting models suggested that temperatures may be hotter than normal throughout most of the contiguous U.S. from July 8 through July 12.
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