EPIC RESEARCH MCX Naturalgas UPDATE OF 07 September 2018

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.

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