EPIC RESEARCH MCX NATURAL GAS UPDATE OF 25 JANUARY 2018
Posted by aditi on 11:11:00 with No comments
Naturalgas trading range for the day is 214.2-234.6. Naturalgas settled up 1.37% at 222.30 on short-covering as support seen on the prospect of another mega-drawdown in US natural gas inventories. Temperatures throughout the central U.S. and Midwest will also fall to below seasonal levels through Feb. 6 as Arctic blasts sweep through. Total natural gas in storage currently stands at 2.584 trillion cubic feet (tcf), according to the U.S. Energy Information Administration.
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