EPIC RESEARCH MCX NATURAL GAS UPDATE OF 30 MAY 2018

Natural gas trading range for the day is 190.5-206.7. Natural gas dropped as the weather forecast changed slightly to show that the east coast will have cooler than normal weather over the next 8-14 days. While the rest of the United States is forecast to receive temperatures well above normal the slight deviation took prices down following last weeks rally. Total natural gas in storage currently stands at 1.629 trillion cubic feet (tcf), according to the U.S. Energy Information Administration.

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