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.

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

Connect with our social media sites

FacebookTwitterYouTubePinterestLinkedinGoogle+