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Tuesday 21 August 2018

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 21 AUGUST 2018

Natural gas trading range for the day is 198.6-209.8. Natural gas inched down as investors booked profits but concerns surrounding low inventories in storage kept the losses in check. Overall futures volatility has remained relatively low since February, with prices supported by tight supplies but pressured by strong gas output. Early estimates showed utilities were likely to inject 41 bcf gas into storage in the week of Aug. 17.

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