EPIC RESEARCH MCX NATURALGAS UPDATE OF 04 July 2018

Naturalgas trading range for the day is 195.1-201.5.

Natural gas prices gained as warmer than normal weather is expected to cover most of the United States for the next 8-14 days increasing cooling demand.

Production in the lower 48 U.S. states has averaged a record-high 79.9 billion cubic feet per day (bcfd) for the past 30 days.

Meteorologists forecast temperatures, which have been higher than normal since the start of June, will remain at above-normal levels through at least mid-July.


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