Wednesday 4 June 2014

CAPITAL STROKE UPDATE 5-June-2014 : MCX NATURAL GAS




Natural gas trading range for the day is 270.4-279.4.
Natural gas settled flat after prices traded in the range as market players assessed the outlook for U.S. demand and supply levels.Demand for natural gas tends to rise in the summer months as warmer temperatures increase the demand.
Producers would need to add approximately 2.5tcf to storage by November 1 to meet typical winter demand.

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