EPIC RESEARCH MCX Naturalgas UPDATE OF 25 September 2018
Posted by Commodity Updates by Epic Research on 11:43:00 with No comments
Naturalgas trading range for the day is 211.6-226.
* Natural gas climbed and above the psychologically important 220 level, amid worries about unusually low inventories in storage.
* The current expectation for this deficit to the five-year average is to increase over the next couple of weeks.
* Utilities likely added a smaller-than-normal 71 billion cubic feet (bcf) of gas into storage during the week ending Sept. 21. -
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