EPIC RESEARCH MCX Naturalgas UPDATE OF 28 September 2018
Posted by Commodity Updates by Epic Research on 12:09:00 with No comments
Naturalgas trading range for the day is 211.8-232.6.
* Natural gas rose following the release of a federal report showing a much smaller-than-expected weekly storage build.
* The U.S. Energy Information Administration (EIA) said utilities added a much smaller-than-expected 46 billion cubic feet (bcf) of gas into storage.
* The increase boosted stockpiles to 2.768 trillion cubic feet (tcf), leaving inventories 18.3 percent below the five-year average of 3.389 tcf for this time of year
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