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Friday, 20 January 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 20 JANUARY 2017

Naturalgas trading range for the day is 218.2-238. Natural gas rebounded from the day's low to finish the day with the gains of 2.22% as support seen after the data release. Energy Information Administration said natural-gas stockpiles shrank by 243 billion cubic feet in the week ended Friday. Winter weather is still in the forecast, but the very cold Arctic air flowing south from Canada will be missing.

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