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Monday 19 March 2018

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 19 MARCH 2018

Natural gas trading range for the day is 173-176.4. Natural gas prices ended with gains on expectations for more cold next week than previously projected. Projected average gas demand in the lower 48 U.S. states would fall from 98.4 billion cubic feet per day in the week to 92.4 bcfd during the last week. Output in the lower 48 U.S. states rose to 78.0 bcfd from an average of 77.5 bcfd last week.

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