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Friday, 30 November 2018

EPIC RESEARCH MCX Naturalgas UPDATE OF 30 November 2018


Naturalgas trading range for the day is 305.3-336.3.

* Natural gas ended with gains but pared some of its gains on forecasts for warmer weather over the next two weeks.

* Earlier prices gained on colder forecasts for the next two weeks that was expected to cause utilities to keep pulling more gas from storage than usual in coming weeks.

* The U.S. Energy Information Administration (EIA) said utilities pulled a bigger-than-usual 59 billion cubic feet of gas from inventories during the cold U.S.


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