Friday 23 May 2014

CAPITAL STROKE COMMODITY UPDATE 23 MAY 2014: MCX NATURAL GAS

Natural gas trading range for the day is 248-266.8.
Natural gas prices fell after a weekly U.S. supply report revealed that inventories rose more than expected last week.
The U.S. EIA said in its weekly report that natural gas storage in the U.S. rose by 106 billion cubic feet.

Weather forecast called for mild springtime temperatures in the coming days, which was seen lowering demand for heating.
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