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Friday 29 July 2016

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 29 JULY 2016

Naturalgas trading range for the day is 173.3-205.1.         
Natural gas surged +7.41% to their biggest daily gains in 2016 after EIA shown supply is declining.           
EIA said stockpiles grew by 17bcf during the week ended Friday, the smallest increase for a summer week since 2006.               
Hot summer temperatures are expected to continue over the Lower 48 states through the weekend, except in the Great Lakes area.

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