EPIC RESEARCH MCX NATURALGAS UPDATE OF 23 July 2018

Naturalgas trading range for the day is 188.8-192.4.

* Natural gas prices traded in range as heat waves driving up power demand in California and Texas offset forecasts for less hot weather elsewhere in the country.

* Meteorologists forecast temperatures, which have been higher than normal since the start of June, would remain at above-normal levels through early August.

* In recent months, the biggest factor affecting the U.S. gas market has been speculation on whether production, which is at record levels.

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