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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