EPIC RESEARCH MCX NATURAL GAS UPDATE OF 27 JUNE 2018

Natural gas trading range for the day is 198.3-201.9. Natural gas edged higher supported by forecasts for hotter weather and more demand for air conditioning over the next two weeks, even as production held at record highs. The demand in the lower 48 states would rise to 79 bcfd next week, from 75.7 bcfd this week. Production in the lower 48 U.S. states has averaged a record-high 79.54 billion cubic feet per day (bcfd) over the past 30 days.

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