Monday, 1 September 2014

CAPITAL STROKE UPDATE 1 September 2014 : MCX NATURAL GAS




Naturalgas trading range for the day is 242.6-249.6.

Naturalgas gained as updated weather-forecasting models called for warm temperatures for a good portion of the U.S. in the coming week.

Tropical weather systems prompt evacuations of gas rigs, which disrupts supply and can hike prices.

The U.S. Energy Information Administration reported that inventories rose 75 billion cubic feet to 2.63 trillion.

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