Sunday 22 June 2014

CAPITAL STROKE UPDATE 23-June-2014 : MCX NATURAL GAS




Natural gas trading range for the day is 268.7-280.1.
Natural gas dropped as pressure seen after weekly inventory and weather forecasts calling for a break in a heat wave also pushed down prices.
Gas inventories last week rose by 113 billion cubic feet to 1.719 trillion, the lowest level for the time of the year since 2003.
A supply deficit narrowed to 33.1 percent from a record 54.7 percent in late March.

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