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Thursday, 14 March 2019

EPIC RESEARCH MCX Naturalgas UPDATE OF 14 March 2019

Naturalgas trading range for the day is 190.6-200.4.

Natural gas settled higher on expectations that a federal report on Thursday will show a much higher-than-normal weekly withdrawal, deepening the storage deficit.

Meteorologists forecast temperatures will remain mostly warmer than normal over the next two weeks, with a few cool days next week.

The market has become much less volatile over the past couple of months as the weather moderates with the approach of spring.

With the weather expected to cool for a few days, projected demand in the Lower 48 U.S. states would edge up to an average 101.8 bcfd next week

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