EPIC RESEARCH MCX NATURAL GAS UPDATE OF 18 MAY 2018

Natural gas trading range for the day is 186.1-197.9. Natural gas gains on prospects that warm weather expected for the next few weeks will boost air conditioning demand. he U.S. Energy Information Administration said in its weekly report that natural gas storage in the U.S. increased by 106 billion cubic feet in the week. Total U.S. natural gas storage stood at 1.538 trillion cubic feet, 34.8% lower than levels at this time a year ago.

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