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Monday 9 July 2018

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 9 JULY 2018

Natural gas trading range for the day is 193.8-198.8. Natural gas prices ended with small gains after a weekly government report showed a storage build largely in line with expectations. However, there were projections from NatGasWeather.com that for the upcoming week, demand will be higher than expected. The US EIA in its natural gas storage report, which stated that natural gas stocks increased by 78 billion cubic feet (bcf) for the week ending on June 29.

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