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Friday 22 September 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 22 SEPTEMBER 2017


Naturalgas trading range for the day is 186.4-203.2. Natural gas extended losses after data showed that natural gas supplies in storage in the U.S. rose more than expected last week. The U.S. Energy Information Administration said in its weekly report that natural gas storage in the U.S. rose by 97 billion cubic feet in the week. That compared with a build of 91 bcf in the preceding week and represented a decline of 136 billion from a year earlier but was 67 bcf above the five-year average.



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