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Friday 28 September 2018

EPIC RESEARCH MCX Naturalgas UPDATE OF 28 September 2018

Naturalgas trading range for the day is 211.8-232.6.

* Natural gas rose following the release of a federal report showing a much smaller-than-expected weekly storage build.

* The U.S. Energy Information Administration (EIA) said utilities added a much smaller-than-expected 46 billion cubic feet (bcf) of gas into storage.

* The increase boosted stockpiles to 2.768 trillion cubic feet (tcf), leaving inventories 18.3 percent below the five-year average of 3.389 tcf for this time of year

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