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Monday 11 December 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 11 DECEMBER 2017

Naturalgas trading range for the day is 176.1-184.5.Natural gas settled flat as prices pared gains on profit booking after seen supported on forecasts for a little more heating demand than previously expected. Projection for the week's U.S. gas consumption to an average of 112.7 billion cubic feet per day from 111.6 bcfd on forecasts for more heating demand. China’s natural gas imports in November rose to a record as domestic demand surged.



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