EPIC RESEARCH MCX NATURAL GAS UPDATE OF 15 MARCH 2018

Natural gas trading range for the day is 172.7-184.7. Natural gas dropped on forecasts for less cold weather and lower heating demand than expected earlier over the next two weeks. Gas demand in the lower 48 U.S. states would average 96.8 billion cubic feet per day next week, down from Tuesday's forecast of 97.8 bcfd for that period. U.S. utilities likely withdrew 96 billion cubic feet (bcf) of natural gas from storage last week, about average for this time of year.

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