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Wednesday, 8 November 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 08 NOVEMBER 2017


Naturalgas trading range for the day is 198.9-211.5. Natural gas prices remained supported amid forecasts for more heating demand over the next two weeks. Traders reacted to bullish weather forecasts for most parts of the United States over the next two weeks, that should lead to an increase in heating demand. US natural gas production growth is expected to surge in 2018, after rising more modestly in 2017, the US EIA said in a monthly report Tuesday.



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