EPIC RESEARCH MCX NATURAL GAS UPDATE OF 6 DECEMBER 2016

Naturalgas trading range for the day is 232.5-256.3. Natural gas prices rallied as cooler forecasts continue raising expectations for demand. Natural gas producers trimmed the number of active drilling rigs heading into this winter to a record low. Exports are rising, too, and with all that demand, there just isn’t enough drilling to keep supplies as high as they have been in the past year.


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