EPIC RESEARCH MCX NATURAL GAS UPDATE OF 18 JULY 2016

Posted by Farhan Khan on 12:58:00 with No comments
Naturalgas trading range for the day is 175.8-190.8.        
Natural gas prices gained on anticipation of strong demand in the second half of July but dropped on weekly basis.    
The U.S. Energy Information Administration said in its weekly report that natural gas storage in the U.S. in the week ended July 8 rose by 64 billion cubic feet.          
That compared with builds of 39 billion cubic feet in the prior week, 98 billion a year earlier and a five-year average of 77 billion cubic feet.


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