EPIC RESEARCH MCX NATURAL GAS UPDATE OF 9 AUGUST 2018

Natural gas trading range for the day is 196.8-205.6. Natural gas rose as worries about low inventories offset forecasts for cooler weather next week than previously expected. The amount of gas in storage was at its lowest in 15 years for the time of year, after four consecutive weeks of lower-than-normal storage builds. Production in the Lower 48 U.S. states averaged a record high 81.0 billion cubic feet per day (bcfd) over the past 30 days.

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