EPIC RESEARCH MCX NATURAL GAS UPDATE OF 7 JUNE 2018

Natural gas trading range for the day is 191.1-197.1. Natural gas traded in range even though production has eased off record highs over the past week. Investors increased their forecast for gas demand next week in the Lower 48 U.S. states to 74.5 bcfd from the previous forecast of 74.2 bcfd. Production in the Lower 48 states dipped to 78.1 billion cubic feet per day (bcfd) with declines in most regions of the country.

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