EPIC RESEARCH MCX NATURALGAS UPDATE OF 19 July 2018
Posted by Commodity Updates by Epic Research on 16:02:00 with No comments
Naturalgas trading range for the day is 185.4-190.
* Natural gas slipped as the market focused more on forecasts for less hot weather in much of the country over the next two weeks.
* In recent months, the biggest factor affecting the U.S. gas market has been speculation on whether production, which is at record levels .
* Production in the Lower 48 U.S. states averaged a record high 80.7 billion cubic feet per day (bcfd) over the past 30 days.
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