EPIC RESEARCH MCX NATURAL GAS UPDATE OF 09 MARCH 2018

Natural gas trading range for the day is 176.9-184.1. Natural prices settled down following a report showing last week's storage draw was in line with estimates and disappointing weather forecasts. The U.S. EIA reported that U.S. natural gas stocks decreased by 57 billion cubic feet for the week ending March 2. The five-year average for the week is a withdrawal of 129 billion cubic feet, and last year’s storage decrease for the week totaled 68 billion cubic feet.

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