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Monday, 9 April 2018

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 9 APRIL 2018

Natural gas trading range for the day is 173-178.4. Natural gas gained boosted by expectations that increased heating demand on forecasts for colder-than-normal weather would delay injections of the fuel into storage. Projected average gas demand in the lower 48 U.S. states would rise to 90.4 billion cubic feet per day (bcfd) over the next seven days. Output in the lower 48 states averaged 78.6 billion cubic feet per day (bcfd) over the past 30 days, according to data.

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