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Thursday 21 December 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 21 DECEMBER 2017

Naturalgas trading range for the day is 162-180.2. Natural gas fell with production at a record high despite forecasts for a bitter cold start to the New Year that is expected to keep demand high. U.S. gas consumption next week will drop to an average of 117.9 billion cubic feet per day from Tuesday's forecast of 121.3 bcfd. Included in the consumption projections are U.S. exports to Mexico and Canada via pipeline and the rest of the world as liquefied natural gas.






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