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Monday, 25 April 2016

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 25 APRIL 2016

Naturalgas trading range for the day is 133-147.8.          
Natural gas prices ended with gains and had their best week of the year on signs that summer-like temperatures in the East will help trim a supply glut.             
Gas inventories totaled 2.484 trillion cubic feet on April 15, 48.5 percent above the five-year average, according to the U.S. EIA.             
A gas surplus to the five-year average has narrowed for two straight weeks from a four-year high on an unexpectedly chilly start to April.

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