EPIC RESEARCH MCX NATURAL GAS UPDATE OF 22 DECEMBER 2016

Naturalgas trading range for the day is 220-247.6. Natural gas regained to settle up 5.78% at 238.10 rose with traders betting that winter cold is eating into a long-standing glut. Prices retreated from highs in recent days because of warm weather predicted for nearly all of the eastern U.S. into early January. The five-year average for that week is just 101 billion cubic feet, according to the U.S. Energy Information Administration.

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