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Wednesday 8 August 2018

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 8 AUGUST 2018

Natural gas trading range for the day is 196.2-200.6. Natural gas rose on expectations that hot weather this week would keep the amount of gas available to go into storage low, despite record production. The amount of gas in storage was now at its lowest level for this time of year in 15 years after four consecutive weeks of lower-than-normal storage builds. Temperatures across much of the country, however, have remained mostly steady at above-normal levels since the start of June.

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