MCX Natural Gas Tips: Profit 35,500 in 2 Lots, NG 15 Points Up⬆️
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- Natural gas trading range for the day is 540-600.
- Natural gas rose on the back of forecasts for higher gas demand this week than previously expected.
- Keeping a lid on prices were record levels of domestic output, and a recent cut in gas demand from hurricane-induced power outages.
- Average gas output in the U.S. Lower 48 states rose to 100.3 bcfd so far in October from a monthly record of 99.4 bcfd in September.
