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Tuesday 20 March 2018

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 20 MARCH 2018

Natural gas trading range for the day is 170.5-178.3. Natural gas dropped amid speculation the end of the winter heating season will bring warmer temperatures throughout the U.S. and cut into demand for the fuel. Traders warned that prices are likely to remain vulnerable in the near-term as the coldest part of the winter has effectively passed. Total natural gas in storage currently stands at 1.532 trillion cubic feet (tcf), according to the U.S. Energy Information Administration.

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