EPIC RESEARCH MCX NATURAL GAS UPDATE OF 23 AUGUST 2018

Natural gas trading range for the day is 205-209.6. Natural gas inched down on forecasts for hotter-than-normal weather and worries surrounding low inventories in storage. Early estimates showed utilities were likely to inject 41 bcf of gas into storage in the week of Aug. 17. The increase would also boost stockpiles to 2.428 tcf, leaving inventories about 20 percent below the five-year average.

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