EPIC RESEARCH MCX Naturalgas UPDATE OF 07 September 2018

Posted by Commodity Updates by Epic Research on 12:26:00 with No comments

Naturalgas trading range for the day is 198.3-203.1.

* Natural ended with losses as latest weather forecasts were for less warm weather and lower cooling demand next week.

* Natural gas prices remain depressed due to too much production, even though inventory levels are below both last year’s total and the five-year average.

* The U.S. Energy Information Administration (EIA) reported Thursday that U.S. natural gas stockpiles increased by 63 billion cubic feet for the week ending August 31.

Subscribe now for best Stock Report
US Stock Market News
For quick free trial click here > 911 133 9000

Connect with our social media sites