EPIC RESEARCH MCX Naturalgas UPDATE OF 16 August 2018

Posted by Commodity Updates by Epic Research on 12:11:00 with No comments

Naturalgas trading range for the day is 202.9-210.7.

* Natural gas rose on worries about low gas inventories as market players believed injections into storage last week were smaller than normal.

* Overall futures volatility has remained relatively low since February, with prices supported by tight supplies.

* Production in the Lower 48 U.S. states averaged a record high 81.5 billion cubic feet per day (bcfd) over the past 30 days.

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