EPIC RESEARCH MCX NATURALGAS UPDATE OF 06 July 2018

Posted by Commodity Updates by Epic Research on 15:44:00 with No comments

Naturalgas trading range for the day is 193.2-200.6.

Natural gas prices continued to trend lower despite warmer than normal weather that is forecast to cover most of the US for the next 8-14 days.

Despite the forecast for warmer weather as inventories that continue to grow slower than expected, prices are facing headwinds.

The EIA will release its next inventory report on Friday July 6, one day late due to the July 4 holiday.

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