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Wednesday 28 November 2018

EPIC RESEARCH MCX Naturalgas UPDATE OF 28 November 2018

Naturalgas trading range for the day is 289.3-314.5.

* Natural gas prices were little changed as the market took a break on forecasts for less cold this week and the return of record production.

* Gas output in the lower 48 states averaged a record high 87.2 bcfd over the past 30 days.

* On a daily basis production rose to 88.0 bcfd, matching the all-time high hit on Oct. 31, according to data.

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