EPIC RESEARCH MCX NATURAL GAS UPDATE OF 3 AUGUST 2016

Posted by Farhan Khan on 11:50:00 with No comments
Naturalgas trading range for the day is 180-189.6.           
Natural gas fell to a one-week low as forecasts for less hot weather over the next two weeks dampened demand expectations for the cooling fuel.           
Losses were limited as market players looked ahead to weekly supply data due on Thursday, which is expected to show an increase of just 10 billion cubic feet.                
Total U.S. natural gas storage stood at 3.294 trillion cubic feet, 13.2% higher than levels at this time a year ago


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