EPIC RESEARCH MCX Naturalgas UPDATE OF 03 October 2018
Posted by Commodity Updates by Epic Research on 12:27:00 with No comments

Naturalgas trading range for the day is 216.4-234.6.
* Natural gas rose on expectations that hotter-than-normal weather for the next two weeks will increase cooling demand, offsetting record production.
* Latest weather models show above-normal temperatures through mid-October driving electric demand estimates higher than forecasts from late last week.
* Production in the Lower 48 U.S. states averaged a record high 85.2 billion cubic feet per day (bcfd) during the past 30 days.
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