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Friday 4 May 2018

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 4 MAY 2018

Natural gas trading range for the day is 178.5-187.5. Natural gas dropped after data showed that domestic supplies in storage rose more than expected last week. The U.S. Energy Information Administration said in its weekly report that natural gas storage in the U.S. rose by 62 billion cubic feet (bcf). Total natural gas in storage currently stands at 1.343 trillion cubic feet (tcf), according to the U.S. Energy Information Administration.

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