EPIC RESEARCH MCX NATURAL GAS UPDATE OF 14 JULY 2016

Posted by Farhan Khan on 11:58:00 with No comments
Naturalgas trading range for the day is 177.4-191.          
Natural gas recovered from the day's low on expectations of strong demand and a smaller-than-normal increase in inventories.      
Hot temperatures prompt consumers to turn up the air-conditioning, increasing demand for gas-powered electricity.
Forecasts for the next two weeks show “very hot and humid conditions and with near record breaking heat over portions of the central US.


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