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Thursday 16 August 2018

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 16 AUGUST 2018

Natural gas trading range for the day is 202.9-210.7. Natural gas rose on worries about low gas inventories as market players believed injections into storage last week were smaller than normal. Overall futures volatility has remained relatively low since February, with prices supported by tight supplies. Production in the Lower 48 U.S. states averaged a record high 81.5 billion cubic feet per day (bcfd) over the past 30 days.

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