EPIC RESEARCH MCX Naturalgas UPDATE OF 24 December 2018
Posted by Commodity Updates by Epic Research on 11:52:00 with No comments
Naturalgas trading range for the day is 247-276.6.
* Natural gas gained on forecasts for a colder start to the new year than previously expected, reviving concerns there may not be enough fuel in storage.
* Meteorologists predicted the weather would turn near normal to a little colder than normal through the first week of January.
* Stockpiles are now 21 percent below normal for this time of year and at their lowest in 16 years. -
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