EPIC RESEARCH MCX Naturalgas UPDATE OF 9 November 2018

Posted by Commodity Updates by Epic Research on 12:18:00 with No comments

Naturalgas trading range for the day is 251.3-260.7.

Natural gas prices traded in range unaffected by a larger than expected build in natural gas inventories.

The weather is expected to be colder than normal over the next 6-10 days which should increase heating demand driving up the price of natural gas.

Natural gas in storage was 3,208 Bcf as of Friday, November 2, 2018, according to EIA estimates.

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