EPIC RESEARCH MCX Naturalgas UPDATE OF 14 August 2018

Naturalgas trading range for the day is 201.3-208.3.

Natural gas gained due to weakness in Rupee despite of forecasts for cooler temperatures over the next two weeks.

The warmer weather pattern appears to be changing with a cool front making its way into the middle of the United States.

The EIA reported that working gas stocks are below the five-year range for the second week.

The EIA also states that for gas inventories to reach the five-year average rate of injections of 10.0 Bcf per day for the remainder of the refill season.

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