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Monday, 19 February 2018

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 19 FEBRUARY 2018

Naturalgas trading range for the day is 162-168. Natural gas prices traded in the range on forecasts for less cold weather and heating demand in coming week than previously expected. There was more than enough gas available even after the cold blast at the start of the year, with production near record highs. Production in the lower 48 U.S. states rose to an all-time high of 77.7 billion cubic feet per day in December.

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