EPIC RESEARCH MCX NATURAL GAS UPDATE OF 22 FEBRUARY 2017

Posted by aditi on 12:29:00 with No comments
Naturalgas trading range for the day is 162-191.8. Natural gas dropped as forecasts continued to call for mostly warmer-than-normal weather in key regions across the U.S. for the rest of the winter. Prices of the heating fuel are down a whopping 29% so far this year as forecasts for warm winter weather weighed on heating demand expectations. Total natural gas in storage currently stands at 2.445 trillion cubic feet, according to the U.S. EIA, 12.4% lower than levels at this time a year ago.

For MCX TIPS ✆ – 0731-6642300

Connect with our social media sites
FacebookTwitterYouTubePinterestLinkedinGoogle+