EPIC RESEARCH MCX NATURAL GAS UPDATE OF 19 AUGUST 2016

Posted by Anmol Shah on 12:00:00 with No comments


Naturalgas trading range for the day is 172-184.6. Natural gas extend gains to settled above 180 level mark after EIA reports smaller-than-expected rise in US supplies EIA reported that U.S. natural gas stocks increased by 22 billion cubic feet for the week ending August 12. The five-year average for the week is an injection of around 57bcf, and last year’s storage addition for the week totaled 52bcf.
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