EPIC RESEARCH MCX NATURAL GAS UPDATE OF 26 JULY 2018

Natural gas trading range for the day is 187.5-192.3. Natural gas rose on forecasts for a little more heat over the next two weeks. Cooler than normal weather is forecast to cover most of the United States for the next 8-14 days. U.S. EIA’s Short-Term Energy Outlook forecasts working natural gas inventories on October 31 will be 3,470bcf 365 Bcf which is 10% lower than the five-year average.

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