EPIC RESEARCH MCX Naturalgas UPDATE OF 5 April 2019

Posted by Commodity Updates by Epic Research on 11:59:00 with No comments

Naturalgas trading range for the day is 180.3-187.7.

* Natural gas fell following the release of a report showing a bigger than expected weekly storage build.

* The U.S. Energy Information Administration (EIA) said utilities added 23 billion cubic feet (bcf) of gas to inventories during the week ended March 29.

* The increase for the week to March 29 boosted stockpiles to 1.130 tcf, 30.9 percent below the five-year average of 1.635 tcf for this time of year.

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