Wednesday, 12 March 2014

CAPITAL STROKE COMMODITY UPDATE 13 MARCH 2014 : MCX NATURAL GAS

Naturalgas trading range for the day is 266.7-289.7.
Natural gas dropped as markets bet that the arrival of spring next week will bring milder temperatures in the U.S. and curb demand for heating.
A late-season winter storm pummeling the central and eastern U.S. should give way to normal and even above-normal temperatures in the coming days
Today natural gas storage: EXP: -199B PREV: -152B. Actual is at 8.00PM
The EIA predicts that the gas industry will begin April with lower reserves than at any time since 2003   


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