EPIC RESEARCH MCX Naturalgas UPDATE OF 11 September 2018
Posted by Commodity Updates by Epic Research on 11:49:00 with No comments
Naturalgas trading range for the day is 198.5-207.5.
* Natural gas ended higher after hitting a more than one-month low earlier in the session, supported by short-covering and expectations of higher demand.
* According to data from the EIA, the average total supply of natural gas remained the same as in the previous report week, averaging 87.9 Bcf per day.
* Total U.S. consumption of natural gas fell by 2% compared with the previous report week, according to data from the EIA.
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