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Monday 31 December 2018

EPIC RESEARCH MCX Naturalgas UPDATE OF 31 December 2018

Naturalgas trading range for the day is 221.8-251.8.

* Natural gas fell on forecasts for warmer weather and after a weekly storage report showed a smaller-than-expected withdrawal.

* The U.S. Energy Information Administration (EIA) said utilities pulled 48 billion cubic feet (bcf) of gas from inventories during the week ended Dec. 21.

* With warm weather so far this month, utilities have been able to leave more gas in storage than usual in December.

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