Thursday 12 June 2014

CAPITAL STROKE UPDATE 12-June-2014 : MCX NATURAL GAS




Natural gas trading range for the day is 266.2-273.2.
Natural gas traded under pressure as mild weather forecasts weighed on near-term demand expectations for the fuel.Market players continued to assess the outlook for U.S. supply levels. Utilities added 119bcf of gas into storage last week.
While demand can pick up if high pressure build across US and push out showers and bring in warmer temperatures.

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