EPIC RESEARCH MCX Naturalgas UPDATE OF 05 September 2018
Posted by Commodity Updates by Epic Research on 12:07:00 with No comments
Naturalgas trading range for the day is 199.6-207.6.
* Natural gas fell on expectations demand will decline after Tropical Storm Gordon hits the Gulf Coast, causing power outages and cooler weather.
* Several oil and gas rigs have pulled their employees off their platforms which will likely reduce production.
* The weather is expected to be warmer than normal throughout the United States for the next 8-14 days which should increase cooling demand.
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* Natural gas fell on expectations demand will decline after Tropical Storm Gordon hits the Gulf Coast, causing power outages and cooler weather.
* Several oil and gas rigs have pulled their employees off their platforms which will likely reduce production.
* The weather is expected to be warmer than normal throughout the United States for the next 8-14 days which should increase cooling demand.
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US Stock Market News
For quick free trial click here > 911 133 9000
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