EPIC RESEARCH MCX NATURAL GAS UPDATE OF 16 MARCH 2018

Natural gas trading range for the day is 170.3-180.7. Natural gas fell following a report showing a weekly storage draw that was slightly smaller than expected. The U.S. Energy Information Administration said in its weekly report that natural gas storage in the U.S. fell by 93 billion cubic feet. Total U.S. natural gas storage stood at 1.532 trillion cubic feet, 31.9% lower than levels at this time a year ago.

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