EPIC RESEARCH MCX NATURAL GAS UPDATE OF 7 AUGUST 2018

Natural Gas trading range for the day is 193.6-198.6. Natural gas settled flat after prices seen supported on expectations that hotter-than-normal weather, even as production is at record highs. The amount of gas in storage was now at its lowest level for this time of year in 15 years after four weeks in a row of lower-than-normal storage builds. Inventories have dropped below the 5-year average range and with prices still well below the 5-year average.

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