EPIC RESEARCH MCX NATURAL GAS UPDATE OF 25 JULY 2017

Naturalgas trading range for the day is 182.1-194.7.Natural gas fell to a two-week low to settled at 186.60 amid bearish weather forecasts that should limit demand for the fuel. A weather system with powerful thunderstorms and cooling will sweep across the Ohio Valley and Northeast through July 30 to ease national demand. Looking ahead to Thursday’s EIA report, utilities likely added 34 billion cubic feet of gas into storage during the week-ending July 21.

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