EPIC RESEARCH MCX NATURAL GAS UPDATE OF 06 SEPTEMBER 2017

Naturalgas trading range for the day is 187.5-197.5.Natural gas fell as traders began to react to the reality that higher summer demand for the commodity is coming to an end. Total natural gas in storage currently stands at 3.155 trillion cubic feet, according to EIA, around 7.0% lower than levels at this time a year ago. Demand for natural gas tends to rise in the summer months as warmer temperatures increase the need for gas-fired electricity to power air conditioning.




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