EPIC RESEARCH MCX NATURAL GAS UPDATE OF 29 June 2018

Posted by Commodity Updates by Epic Research on 14:44:00 with No comments

Naturalgas trading range for the day is 198.4-211.4.

Natural gas fell after a weekly government report showed a smaller-than-normal storage build, as a record high production weighed.

The U.S. Energy Information Administration reported that domestic supplies of natural gas rose by 66 billion cubic feet.

The EIA also revised the amount of gas injected into storage in the week ending June 15 to 95 billion cubic feet from 91 bcf reported earlier.

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