EPIC RESEARCH MCX Naturalgas UPDATE OF 15 October 2018

Naturalgas trading range for the day is 225.7-245.7.

* Natural gas fell as production was expected to slowly rise as drillers return to offshore Gulf of Mexico wells after Hurricane Michael.

* Inventories increased in line with expectations, but the colder than normal weather than is expected to cover most of the US for next 2-weeks should increase heating demand.

* Implied volatility for gas futures rose to an eight-month high as prices jumped earlier in the week on concerns the amount of gas in storage was well below normal.


Subscribe now for best Stock Report
US Stock Market News
For quick free trial click here > 7316642316

Connect with our social media sites

Facebook

Twitter

YouTube

Pinterest

Linkedin

Google+