Thursday 31 July 2014

CAPITAL STROKE UPDATE 1 August 2014 : MCX NATURAL GAS




Natural gas trading range for the day is 226-243.8.
Natural gas rallied after official data revealed U.S. inventories rose less than expected last week.

The U.S. EIA said in its weekly report that natural gas storage in the U.S. rose by 88 billion cubic feet.

Stocks were 530 bcf less than last year at this time and 641 bcf below the five-year average of 2.948 tcf for this time of year.


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