Friday 29 April 2016

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 29 APRIL 2016

11:39:00

Naturalgas trading range for the day is 135.4-145.6.
Natural gas prices ended with losses as heavy supplies continue to weigh on the market.
The U.S. Energy Information Administration (EIA) reported that U.S. natural gas stocks increased by 73 billion cubic feet for the week ending April 22.
The five-year average for the week is an injection of around 52 billion cubic feet, and last year’s storage addition for the week totaled 84 billion cubic feet.
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