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Friday 19 October 2018

EPIC RESEARCH MCX Naturalgas UPDATE OF 19 October 2018

Naturalgas trading range for the day is 233.7-243.9.

# Natural gas fell on forecasts for above-normal temperatures this winter, even as a federal report showed inventory build in line with expectations.

# The U.S. Energy Information Administration (EIA) said utilities added 81 billion cubic feet to storage during the week ended Oct. 12.

# The trajectory of injections remains subdued which will put the US at a year over year deficit when the withdrawal season begins on November 1.

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