EPIC RESEARCH MCX Naturalgas UPDATE OF 22 October 2018

Posted by Commodity Updates by Epic Research on 11:48:00 with No comments

Naturalgas trading range for the day is 228.8-244.

* Natural gas prices rebounded from lows boosted by a sustained inventory deficit.

* The U.S. Energy Information Administration (EIA) said utilities added 81 billion cubic feet to storage.

* The build boosted stocks to 3.037 trillion cubic feet, leaving inventories 16.6 percent below the five-year average of 3.642 tcf for this time of year.

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