EPIC RESEARCH MCX NATURAL GAS UPDATE OF 22 DECEMBER 2017

Naturalgas trading range for the day is 161.2-173.8. Naturalgas on MCX settled down despite EIA report that showed a larger-than-expected inventory drawdown last week. EIA reported that U.S. natural gas stocks decreased by 182 billion cubic feet for the week ending December 15. Colder weather hits the Rockies and Plains ahead of the weekend and the cold weather will move south.

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