EPIC RESEARCH MCX NATURAL GAS UPDATE OF 29 SEPTEMBER 2017

Posted by aditi on 12:00:00 with No comments

Naturalgas trading range for the day is 194-204.8. Natural gas prices dropped as worries about upcoming demand outweighed government data that showed a smaller-than-expected increase in stockpiles last week.The U.S. Energy Information Administration said natural gas stockpiles grew by 58 billion cubic feet, compared with the 66 bcf anticipated. That compared with a gain of 97 billion cubic feet in the preceding week, a build of 49 billion a year earlier and a five-year average rise of 84 billion cubic feet.




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