EPIC RESEARCH MCX NATURAL GAS UPDATE OF 27 AUGUST 2018

Natural gas trading range for the day is 200.4-211. Natural gas prices ended with losses hurt by forecasts for lower demand as production remains at record levels. The number of rigs drilling for natural gas in the United States fell by 4 in the week to 182, data from oil services firm Baker Hughes showed. Production in the lower 48 U.S. states averaged a record-high 82.2 billion cubic feet per day (bcfd) over the past 30 days.

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