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Friday 9 December 2016

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 09 DECEMBER 2016


Naturalgas trading range for the day is 231.3-256.7. Natural gas settled down while recovered from the day's low of 241.30 rose after federal data showed a draw from stockpiles that was in-line with expectations. The weekly EIA natural gas storage data reported a decline of 42Bcf for the week ending December 2nd. A strong cold blast swept through the central US and is now pushing into the East.

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