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Friday, 8 June 2018

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 8 JUNE 2018

Natural gas trading range for the day is 191.6-204.6. Natural gas closed higher following the release of a report showing last week's storage build was smaller than normal but in line with estimates. The U.S. Energy Information Administration reported that domestic supplies of natural gas rose by 92 billion cubic feet for the week ended June 1. Total stocks now stand at 1.817 trillion cubic feet, down 799 billion cubic feet from a year ago, and 512 billion below the five-year average, the government said.

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