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Monday, 26 December 2016

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 26 DECEMBER 2016


Naturalgas trading range for the day is 235-258. Natural gas prices ended with gains with traders betting that winter cold is eating into a long-standing glut. Heating demand could be on the rise again in January as weather updates suggest a stretch of above-normal temperatures could end soon. The U.S. EIA said in its weekly report that natural gas storage in the U.S. declined by 209 billion cubic feet in the week ended December 16 .



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