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Monday 2 April 2018

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 2 APRIL 2018

Natural gas trading range for the day is 176-182.2. Natural gas prices gained on forecasts for cooler weather and higher than previously expected heating demand for the next two weeks. The U.S. Energy Information Administration said in its weekly report that natural gas storage in the U.S. fell by 63 billion cubic feet (bcf) in the week. Total natural gas in storage currently stands at 1.383 trillion cubic feet (tcf), according to the U.S. Energy Information Administration.

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