Friday 19 September 2014

CAPITAL STROKE UPDATE 19 September 2014 : MCX NATURAL GAS



Naturalgas trading range for the day is 232.5-248.9.

Natural Gas prices dropped after data showed that U.S. stockpiles surpassed the five-year average last week.

EIA said in its weekly report that natural gas storage in the U.S. in the week ended Sept. 12 rose by 90bcf.

Updated weather-forecasting models calling for mild temperatures across the US pressured prices lower.


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