EPIC RESEARCH MCX NATURAL GAS UPDATE OF 08 FEBRUARY 2018

Posted by aditi on 12:24:00 with No comments

Naturalgas trading range for the day is 169.7-182.9.Natural gas slipped on forecasts for a rise in production to near record levels and less heating demand next week than this week. Projected gas demand in the lower 48 U.S. states would slip to 108.9 billion cubic feet per day next week from a forecast 113.8 bcfd this week. Updated weather forecasting models showed that temperatures won't be as cold as previously expected.




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