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Thursday, 19 July 2018

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 19 JULY 2018

Natural gas trading range for the day is 185.4-190. Natural gas slipped as the market focused more on forecasts for less hot weather in much of the country over the next two weeks. In recent months, the biggest factor affecting the U.S. gas market has been speculation on whether production, which is at record levels. Production in the Lower 48 U.S. states averaged a record high 80.7 billion cubic feet per day (bcfd) over the past 30 days.

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