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Wednesday 28 September 2016

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 28 SEPTEMBER 2016

Natural gas trading range for the day is 200.8-207. Natural gas dropped as prices continued to draw support from forecasts showing unusually warm temperatures across most parts. Prices also seen pressure as traders react to the reality that higher summer demand for the commodity is coming to an end. Total U.S. natural gas in storage currently stands at 3.551 trillion cubic feet, according to the U.S. Energy Information Administration.
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