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Tuesday 13 December 2016

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 13 DECEMBER 2016

Naturalgas trading range for the day is 228-252.8. Natural gas prices tumbled on forecasts that showed temperatures may not be as cold as previously expected. Natural gas gained heavily in less than month, as an unusually warm autumn gave way to below average temperatures for this time of year. The U.S. EIA reported that natural gas storage levels fell by 42 billion cubic feet during the week ended Dec. 2.

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