Tuesday, 3 June 2014

CAPITAL STROKE UPDATE 4-June-2014 : MCX NATURAL GAS




Natural gas trading range for the day is 270.6-280.
Natural gas prices ended with gains as market players assessed the outlook for U.S. demand and supply levels.
Producers would need to add approximately 2.5 trillion cubic feet to storage by November 1 to meet typical winter demand.
Demand for natural gas tends to rise in the summer months as warmer temperatures increase the need for gas-fired electricity.

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