EPIC RESEARCH MCX NATURAL GAS UPDATE OF 14 MAY 2018

Posted by Commodity Updates by Epic Research on 12:48:00 with No comments

Naturalgas trading range for the day is 187.1-192.1.

Natural gas prices ended with small gains as support seen smaller-than-expected storage build despite forecasts for continued low demand over the next two weeks.

The two biggest factors affecting the gas market in recent weeks were record-high production and the vast storage deficit.

Production in the Lower 48 states has averaged a record high 78.9 billion cubic feet per day (bcfd) over the past 30 days.

Subscribe now for best MCX TIPS
For quick free trial click here > 911 133 9000

Connect with our social media sites

FacebookTwitterYouTubePinterestLinkedinGoogle+