Monday, 2 June 2014

CAPITAL STROKE UPDATE 2-June-2014 : MCX NATURAL GAS



Natural gas trading range for the day is 263.8-276.2.
Natural gas settled down after official data revealed U.S. stockpiles rose more than markets were expecting last week.
The U.S. EIA said in its weekly report that natural gas storage in the U.S. in the week ended May 23 rose by 114 billion cubic feet.

Meanwhile, market players prepped for the arrival of summertime temperatures in the U.S., which should hike demand.

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