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Wednesday, 25 July 2018

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 25 JULY 2018


Natural gas trading range for the day is 186-190.2. Natural gas settled flat as production remains at record levels and on forecasts for less hot weather and lower demand 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 80.9 billion cubic feet per day (bcfd) over the past 30 days.

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