EPIC RESEARCH MCX Naturalgas UPDATE OF 30 AUGUST 2018
Posted by Commodity Updates by Epic Research on 12:41:00 with No comments
Naturalgas trading range for the day is 198.4-206.
* Natural gas prices gained on technical buying ahead of Thursday’s inventory report from the Department of Energy.
* According to data from the EIA, the average total supply of natural gas rose by 1% compared with the previous report week.
* Dry natural gas production grew by 1% compared with the previous report week and averaged 82.6 Bcf per day, 14% higher than last year at this time.
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