Monday 16 June 2014

CAPITAL STROKE UPDATE 17-June-2014 : MCX NATURAL GAS




Naturalgas trading range for the day is 277-292.2.
Naturalgas settled down slipped after forecasts for just a short burst of hot weather brought futures down from a 3 1/2-month intraday high.
Weather forecast reported that high pressure that brought warmer temperatures to the US.
Market players kept an eye out towards Thursday's U.S. supply report. Utilities added 107bcf of gas into storage in the week ending June 6.

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