EPIC RESEARCH MCX NATURAL GAS UPDATE OF 05 MARCH 2018

Natural gas trading range for the day is 175.5-179.5. Natural gas settled unchanged as a small decline in production offset forecasts for cooler weather and higher heating demand than expected earlier in the week. With cooler weather coming, projected gas demand in the lower 48 U.S. states would rise to an average of 101.3 billion cubic feet per day. The output in the lower 48 states dipped to 77.4 bcfd on Thursday on small declines in several regions across the country.

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