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Wednesday, 25 April 2018

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 25 APRIL 2018

Natural gas trading range for the day is 180.1-186.5. Natural gas price rose as warmer than normal weather is expected to cover most of US for the next 8-14 days according to the National Oceanic Atmospheric Administration. According to data from the EIA, the average total supply of natural gas fell by 1% compared with the previous report week. Dry natural gas production decreased by 1% compared with the previous report week, and average net imports from Canada decreased by 9% from last week.

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