Tuesday 12 August 2014

CAPITAL STROKE UPDATE 13 August 2014 : MCX NATURAL GAS




Naturalgas trading range for the day is 241.8-248.8.
Natural gas gains as weather patterns called for warmer summer temperatures across much of the U.S. later this week.

Updated weather-forecasting models predicted a heat wave to move across the eastern U.S. from August 18 to August 22.

Injections of gas into storage have surpassed the five-year average for 16 consecutive weeks, alleviating concerns over tightening supplies.

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