EPIC RESEARCH MCX NATURAL GAS UPDATE OF 03 JANUARY 2018

Naturalgas trading range for the day is 182.3-202.7. Naturalgas gains as support seen from Nymex prices as Americans braced for another record-breaking day of low temperatures amid one of the worst cold snaps in decades. U.S. gas consumption will rise to an average of 135.7 billion cubic feet per day (bcfd) next week from 118.4 bcfd in the week. Production in the lower 48 U.S. states averaged an all-time high of 76.7 bcfd over the past 30 days, according to data.

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