Thursday, 10 July 2014

CAPITAL STROKE UPDATE 10-July-2014 : MCX NATURAL GAS




Natural gas trading range for the day is 248.8-255.2.
Natural gas gains as investors readjusted positions ahead of closely-watched supply report to gauge the strength of cooling demand.
Natural gas stockpiles have grown by 100 or more billion cubic feet for eight consecutive weeks, a record streak since 1994.

Total U.S. natural gas storage stood at 1.929 trillion cubic feet as of last week, 25.7% below their level this time last year.

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