EPIC RESEARCH MCX NATURAL GAS UPDATE OF 10 MAY 2018

Natural gas trading range for the day is 183-187.6. Natural gas remained steady amid warmer-than-normal weather forecasts expected to keep both heating and cooling demand low for the next two weeks. Production in the lower 48 states has averaged a record high 78.9 bcfd over the past 30 days. On a daily basis, output hit an all-time high of 79.8 bcfd on May 4, topping the previous record of 79.7 bcfd.

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