EPIC RESEARCH MCX NATURAL GAS UPDATE OF 2 AUGUST 2016
Posted by Unknown on 12:20:00 with No comments
Naturalgas trading range for the day is 182.3-195.1.
Natural gas dropped more than -3% eroded lastweeks gains as investors locked in gains after prices climbed to a four-week high.
Lastweek prices climbed to $2.911, as sentiment improved after a government report showed the smallest inventory gain in a decade.
Natural gas storage in the US rose by 17bcf last week, according to the US EIA, the smallest storage injection since 2006.
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Natural gas dropped more than -3% eroded lastweeks gains as investors locked in gains after prices climbed to a four-week high.
Lastweek prices climbed to $2.911, as sentiment improved after a government report showed the smallest inventory gain in a decade. Natural gas storage in the US rose by 17bcf last week, according to the US EIA, the smallest storage injection since 2006.
For more Accurate MCX TIPS ✆ – 0731-6642300
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