EPIC RESEARCH MCX NATURAL GAS UPDATE OF 20 JUNE 2018

Natural gas trading range for the day is 193.8-203.8. Natural gas fell with production at record highs and forecasts for less demand next week than previously expected. Production in the lower 48 U.S. states held a record-high average of 79.4 bcfd over the past 30 days. On a daily basis, output rose to a new all-time high of 80.2 bcfd on Monday, topping the prior high of 80.1 bcfd on May 27.

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