Sunday 20 April 2014

CAPITAL STROKE COMMODITY UPDATE 21 APRIL 2014 : MCX NATURAL GAS



Natural gas trading range for the day is 265.6-296.4.
Natural gas jumped after data showed that U.S. natural gas supplies grew by a smaller than average amount for this time of year.
The U.S. Energy Information Administration said in its weekly report that natural gas storage in the U.S. rose by 24 billion cubic feet.

Producers typically replenish inventories between April and October, when demand is lower.

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