EPIC RESEARCH MCX NATURAL GAS UPDATE OF 24 APRIL 2018

Natural gas trading range for the day is 178.4-185. Natural gas traded in range amid speculation the start of spring will bring warmer temperatures throughout the U.S. and cut into demand for the fuel. Prices are likely to remain vulnerable in the near-term as below-normal temperatures in April mean less than they do in January and February. Total natural gas in storage currently stands at 1.299 trillion cubic feet (tcf), according to the U.S. Energy Information Administration.

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