Monday, 30 June 2014

CAPITAL STROKE COMMODITY UPDATE 30 JUNE 2014 : MCX NATURAL GAS

Natural gas trading range for the day is 260.5-271.9.
Natural gas dropped as prices carried Thursday's losses after official data revealed U.S. inventories rose more than markets were expecting last week.
The U.S. Energy Information Administration said in its weekly report on Thursday that natural gas storage rose by 110 billion cubic feet.


Natural gas stockpiles have grown by more than 100 billion cubic feet for seven consecutive weeks, a record streak since 1994.

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