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Monday, 23 October 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 23 OCTOBER 2017


Naturalgas trading range for the day is 183.5-194.7. Natural gas prices rose on expectations this winter will be colder than the last two and there will be less gas than usual in storage. Data showed that natural gas supplies in storage in the U.S. rose less than expected last week. EIA said in its weekly report that natural gas storage in the U.S. rose by 51 billion cubic feet in the week ended October 13.

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