Tuesday 15 July 2014

CAPITAL STROKE UPDATE 16-July-2014 : MCX NATURAL GAS



Naturalgas trading range for the day is 245.8-251.6.
Natural gas dropped as cooler than expected summer weather was expected to limit demand for the fuel.
Updated weather-forecasting models called for cooler temperatures across most parts over the next five days.
Concerns over tight supplies continued to fade away after weekly supply data showed that utilities 93 bcf of gas into storage last week.

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