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Friday, 3 November 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 03 NOVEMBER 2017

Naturalgas trading range for the day is 186.3-193.7.Natural gas moved higher after data showed that domestic supplies in storage increased broadly in line with market expectations last week.The U.S. EIA said in its weekly report that natural gas storage in the U.S. rose by 65 billion cubic feet (bcf) in the week ended Oct. 27. That compared with a gain of 64 bcf in the preceding week, a build of 54 bcf a year earlier and a five-year average rise of 60 bcf.

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