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Wednesday, 27 April 2016

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 27 APRIL 2016

Naturalgas trading range for the day is 139.6-149.8.       
Natural gas declined extending losses from the prior session as forecasts for fading heat in the eastern and central U.S. drove down prices.       
Total U.S. natural gas storage stood at 2.484 trillion cubic feet as of last week, according to the U.S. Energy Information Administration.              
The EIA's next storage report due on Thursday is expected to show a build of approximately 70 billion cubic feet for the week ending April 22.

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