EPIC RESEARCH MCX NATURAL GAS UPDATE OF 27 OCTOBER 2017

Naturalgas trading range for the day is 196-204.2. Natural gas dropped amid doubts over a widespread heating demand even though forecasts are for a cooler than normal weather over the next two weeks. EIA reported that natural gas storage in the US climbed 64Bcf in the week ended October 20 against expected a rise of 65Bcf. Winter worries may start early as supply of distillate and natural gas are the tightest they have been in years with winter ahead.






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