EPIC RESEARCH MCX NATURALGAS UPDATE OF 25 July 2018

Posted by Commodity Updates by Epic Research on 13:16:00 with No comments

Naturalgas trading range for the day is 186-190.2.

* Natural gas settled flat as production remains at record levels and on forecasts for less hot weather and lower demand 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 80.9 billion cubic feet per day (bcfd) over the past 30 days.

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