EPIC RESEARCH MCX Naturalgas UPDATE OF 31 December 2018

Posted by Commodity Updates by Epic Research on 11:31:00 with No comments

Naturalgas trading range for the day is 221.8-251.8.

* Natural gas fell on forecasts for warmer weather and after a weekly storage report showed a smaller-than-expected withdrawal.

* The U.S. Energy Information Administration (EIA) said utilities pulled 48 billion cubic feet (bcf) of gas from inventories during the week ended Dec. 21.

* With warm weather so far this month, utilities have been able to leave more gas in storage than usual in December.

Subscribe now for best Stock Report
US Stock Market News
For quick free trial click here > +917316642316

Connect with our social media sites