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Thursday 9 November 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 09 NOVEMBER 2017


Naturalgas trading range for the day is 201.3-210.7.Natural Gas prices relatively in the range as markets await the release Thursday of Energy Information Administration weekly storage data. Colder than normal weather is forecast for the next 6-10 days according to the latest forecast from the NOAA. Estimates are for a build as low as 12 Bcf for the week that ended November 3, less than one-third of the corresponding 45-Bcf five-year average.




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