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Thursday 2 November 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 02 NOVEMBER 2017

Natural Gas trading range for the day is 182.2-192.6.Natural Gas dropped as seen after the update that warmer than normal weather has likely enhanced builds in inventories will continuous to weigh on prices.Based on the forecasts for warmer than normal temperatures prices are likely to remain under pressure and any gains are likely to be limited.US gas exports overall were expected to average 8.7bcfd this week, up 47% from a year earlier, due primarily to much higher shipments.

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