EPIC RESEARCH MCX NATURAL GAS UPDATE OF 21 OCTOBER 2016

Natural gas trading range for the day is 203.8-217.
Natural gas prices dropped as warm weather and heavy stockpiles continued to weigh on prices. 
This year’s gas stockpiles are already high and could possibly set a new record going into the winter.
The U.S. EIA reported that U.S. natural gas stocks increased by 77 billion cubic feet for the week ending October 14.
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