Follow us on Twitter


Registered Office:

Epic Research Private Limited

411 Milinda Manor, 2 RNT Road,

Indore (M.P.) 452001

+91 731 6642300

Wednesday 6 March 2019

EPIC RESEARCH MCX Naturalgas UPDATE OF 6 March 2019

Naturalgas trading range for the day is 200-206.

Natural gas edged up as utilities pulled huge amounts of gas out of inventories to heat homes and businesses to deal with a frigid cold snap blanketing.

Market was more focused on the cold and forecasts for cooler-than-normal weather in mid-March than expectations for temperatures to moderate to near-normal levels .

Utilities likely withdrew 127 billion cubic feet (bcf) of gas from inventories during the cold week ended March 1.

Projected demand in the Lower 48 U.S. states would drop from an average of 125.2 billion cubic feet per day (bcfd) this week to 106.3 bcfd next week.

Subscribe now for best COMMODITY TIPS
For quick free trial click here < +917316642316

Connect with our social media sites


0 on: "EPIC RESEARCH MCX Naturalgas UPDATE OF 6 March 2019"