EPIC RESEARCH MCX Naturalgas UPDATE OF 15 October 2018

Naturalgas trading range for the day is 225.7-245.7.

* Natural gas fell as production was expected to slowly rise as drillers return to offshore Gulf of Mexico wells after Hurricane Michael.

* Inventories increased in line with expectations, but the colder than normal weather than is expected to cover most of the US for next 2-weeks should increase heating demand.

* Implied volatility for gas futures rose to an eight-month high as prices jumped earlier in the week on concerns the amount of gas in storage was well below normal.

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