EPIC RESEARCH MCX NATURAL GAS UPDATE OF 2 DECEMBER 2016

Naturalgas trading range for the day is 222.8-249.4. Natural gas prices continued to rise as cooler forecasts continue raising expectations for demand. The U.S. EIA reported that U.S. natural gas stocks decreased by 50 billion cubic feet for the week ending November 25. Stockpiles remain about 0.6% above their levels of a year ago and 6.3% above the five-year average.

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