EPIC RESEARCH MCX Naturalgas UPDATE OF 19 October 2018
Posted by Commodity Updates by Epic Research on 12:20:00 with No comments
Naturalgas trading range for the day is 233.7-243.9.
# Natural gas fell on forecasts for above-normal temperatures this winter, even as a federal report showed inventory build in line with expectations.
# The U.S. Energy Information Administration (EIA) said utilities added 81 billion cubic feet to storage during the week ended Oct. 12.
# The trajectory of injections remains subdued which will put the US at a year over year deficit when the withdrawal season begins on November 1.
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