Sunday 15 June 2014

CAPITAL STROKE UPDATE 16-June-2014 : MCX NATURAL GAS




Natural gas trading range for the day is 279.9-289.3.
Natural gas settled up after U.S. stockpiles of the fuel increased at a slower rate than expected.
The boost comes after the latest stockpile update by the U.S. Energy Information Administration failed to meet projections.
Stocks were 727 bcf less than last year at this time and 877 bcf below the five-year average of 2.483 trillion cubic feet.

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