Thursday 21 August 2014

CAPITAL STROKE UPDATE 22 August 2014 : MCX NATURAL GAS





Naturalgas trading range for the day is 224.6-245.8.

Natural gas ended with gains but pared most of its gains 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 88 billion cubic feet.

Inventories rose by 58 bcf in the same week a year earlier, while the five-year average change is a build of 48 bcf.

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