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Monday, 3 April 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 03 April 2017

Naturalgas trading range for the day is 202.1-212.1. Natural gas prices dropped as investors began to contemplate how much natural gas will be added to storage as spring begins. Total natural gas in storage currently stands at 2.049 trillion cubic feet, according to the U.S. EIA, 17.1% lower than levels at this time a year ago. Data from the U.S. Energy Information Administration showed that domestic supplies of natural gas fell by 43 billion cubic feet for the week ended March 24.

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