EPIC RESEARCH MCX NATURAL GAS UPDATE OF 21 MAY 2018

Natural gas trading range for the day is 192.2-196.4. Natural gas prices ended with gains on forecasts for low heating and cooling demand through the end of May. Supply was flat week over week and demand was higher helping prices remain buoyed. According to data from the EIA, the average total supply of natural gas remained the same as in the previous report week, averaging 85.6 Bcf/d.

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