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Tuesday, 17 April 2018

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 17 APRIL 2018

Natural Gas trading range for the day is 177.9-183.5. Natural gas prices gained as lingering winter-like weather was seen delaying the official start of the storage injection season. U.S. natural gas storage is expected to end the April-October injection season at a below-normal 3.671 tcf, lowest since the end of October in 2014. Total natural gas in storage currently stands at 1.335 trillion cubic feet (tcf), according to the U.S. Energy Information Administration.

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