EPIC RESEARCH MCX NATURAL GAS UPDATE OF 20 JULY 2018

Natural gas trading range for the day is 185-194.8. Natural gas prices surged, rallying from support levels, following a smaller than expected build in natural gas inventories. The U.S. Energy Information Administration said in its weekly report that natural gas storage in the U.S. increased by 46 billion cubic feet. The lower than expected build has flattened the trajectory of builds leaving stocks well below the average of the 5-year range.

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