EPIC RESEARCH MCX NATURAL GAS UPDATE OF 28 AUGUST 2018

Natural gas trading range for the day is 199.7-205.5. Natural gas fell weighed down by strong U.S. gas production and expectations of easing demand due to moderating weather forecasts. Production in the lower 48 U.S. states averaged a record 82.4 billion cubic feet per day (bcfd) over the past 30 days. Net injections are lower than the five-year average for the eighth week in a row, according to the EIA.

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