EPIC RESEARCH MCX NATURAL GAS UPDATE OF 28 AUGUST 2017

Naturalgas trading range for the day is 182.3-189.7.Natural gas prices dropped as investors were seen keen to book profits after surges as near-term weather forecasts turned warmer.However, downside seen limited as prices got some support from forecasts that Tropical Storm Harvey in the Gulf of Mexico, which could significantly disrupt energy operations.The U.S. EIA said in its weekly report that natural gas storage in the U.S. rose by 43 billion cubic feet, while forecasted was of decrease of just 45 billion.




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