Thursday 5 June 2014

CAPITAL STROKE UPDATE 6-June-2014 : MCX NATURAL GAS




Natural gas trading range for the day is 269.5-283.9.
Natural gas turned lower after data showed that U.S. natural gas supplies rose more than expected last week.The U.S. Energy Information Administration said in its weekly report that natural gas storage in the U.S. rose by 119 billion cubic feet.
Producers would need to add approximately 2.5 trillion cubic feet to storage by November 1 to meet typical winter demand.

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