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Monday, 5 June 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 05 JUNE 2017


Naturalgas trading range for the day is 190.6-198.Natural gas prices dropped continuing its weak trend after weekly data on US inventories of the commodity came in higher than expectedData from the U.S. Energy Information Administration showed that domestic supplies of natural gas rose by 81 billion cubic feet.The EIA said its figures included a "reclassification" of stocks, which resulted in a decrease of about 4 bcf in one specific region.



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