EPIC RESEARCH MCX Naturalgas UPDATE OF 04 October 2018

Naturalgas trading range for the day is 225.3-246.9.

* Natural gas extended gains propelled by worries of a large storage deficit and forecasts for warmer-than-normal weather.

* Utilities likely added 97 billion cubic feet (bcf) of gas into storage in the week ending Sept. 28.

* Demand in the Lower 48 states for the forthcoming week was forecast at 76.8 billion cubic feet per day (bcfd), higher than the 76.7 bcfd forecasted.

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