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Friday 14 September 2018

EPIC RESEARCH MCX Naturalgas UPDATE OF 14 September 2018

Naturalgas trading range for the day is 201.2-206.

* Natural gas prices traded in range following a report showing a weekly storage build that was in line with estimates.

* The U.S. Energy Information Administration (EIA) said utilities added 69 billion cubic feet (bcf) of gas into storage.

* The increase for the week boosted stockpiles to 2.636 trillion cubic feet (tcf), leaving inventories 18.4 percent below the five-year average of 3.232 tcf.

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