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Monday 24 December 2018

EPIC RESEARCH MCX Naturalgas UPDATE OF 24 December 2018


Naturalgas trading range for the day is 247-276.6.

* Natural gas gained on forecasts for a colder start to the new year than previously expected, reviving concerns there may not be enough fuel in storage.

* Meteorologists predicted the weather would turn near normal to a little colder than normal through the first week of January.

* Stockpiles are now 21 percent below normal for this time of year and at their lowest in 16 years. -


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