EPIC RESEARCH MCX NATURAL GAS UPDATE OF 22 MAY 2018

Natural gas trading range for the day is 190.1-195.5. Natural gas fell on forecasts for less demand this week due primarily to lower liquefied natural gas (LNG) exports than previously expected. Meteorologists forecast temperatures will stay higher than normal through at least the first week of June. In June, warmer than normal weather will boost the amount of gas power generators burn to keep air conditioners humming.

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