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Wednesday 28 March 2018

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 28 MARCH 2018

Natural gas trading range for the day is 173.1-177.9. Natural gas gained after update colder than normal weather is forecast to cover most of the United States over the next 8-14 days. Supply of natural gas remains flat and demand has recently declined but colder weather will increase heating demand buoying prices. According to data from the EIA, the average total supply of natural gas remained the same as in the previous report week, averaging 86.2 Bcf per day.

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