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Tuesday, 12 April 2016

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 12 APRIL 2016

Naturalgas trading range for the day is 123.7-134.5.       
Natural gas dropped near to 5% as forecasts for mild weather across US this week weighed on the demand outlook for the fuel.    
Updated weather forecasting models pointed to a mild start over US this week, with milder temperatures also expected over much of the country.         
Total US natural gas storage stood at 2.480tcf, 40.6% higher than levels at this time a year ago and 35.3% above the five-year average for this time of year.

For more information ✆ – 0731-6642300 or Visit http://www.epicresearch.co

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