EPIC RESEARCH MCX NATURAL GAS UPDATE OF 2 MAY 2016
Posted by Unknown on 11:59:00 with No comments
Naturalgas trading range for the day is 132.3-152.3. Natural gas prices as investors looked past the large glut of the fuel to focus on expectations of falling production.
An explosion and fire on a major Spectra Energy Corp. pipeline that crosses half the U.S. is disrupting natural gas shipments from western Pennsylvania to the Northeast.
U.S. natural gas net imports fell to 2.6 billion cubic feet per day, their lowest level since 1986, according to data released by EIA.
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