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Monday, 11 April 2016

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 11 APRIL 2016

Naturalgas trading range for the day is 130.4-138.2.       
Natural gas inched lower but still made gains for the week with traders divided about whether the market can rebound from a record glut.        
Natural-gas stockpiles themselves are sitting at a record high for the end of winter, and rose again last week, according to government data showed.       
Total U.S. natural gas storage stood at 2.480 trillion cubic feet, 40.6% higher than levels at this time a year ago.

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