EPIC RESEARCH MCX NATURAL GAS UPDATE OF 19 DECEMBER 2016

Naturalgas trading range for the day is 224-236. Natural gas prices continued their downward slide amid a warmer temperature outlook in the coming weeks. Looking to the end of the month, expectations are growing for above-average temperatures, eating away at demand expectations. The U.S. EIA said in its weekly report that natural gas stockpiles fell by 147 billion cubic feet in the week ended Dec. 9.
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