MarketMagnify provides you Trading tips about the Indian Mcx Commodity markets with intense analysis done by our Team of Analysts.we are providing Mcx Tips,Bullion Trading Tips, Bullion Tips,Mcx Commodity Tips,Best Commodity Tips,Accurate Mcx Tips For Today to our clients through various methods.For 2 Days Free Mcx Commodity Market Tips or Bullion Tips call at 0731-475-9300
Natural Gas futures extended a slide in the domestic and international market on Wednesday as investors resorted to a cautious approach ahead of the weekly US supplies data which may signal the state of the demand for the fuel in the world’s biggest gas consuming nation.
US gas supplies probably fell by 125 billion cubic feet in the week ended February 19, 2016, compared to 158 billion cubic feet in the prior week, 220 billion cubic feet in the same week a year ago and a five-year average draw of around 137 billion cubic feet.
At the MCX, Natural Gas futures for February 2016 contract closed at Rs 121.9 per mmBtu, down by 0.65 per cent, after opening at Rs 122.4, against the previous closing price of Rs 122.7. It touched an intra-day low of 120.7.
US gas supplies probably fell by 125 billion cubic feet in the week ended February 19, 2016, compared to 158 billion cubic feet in the prior week, 220 billion cubic feet in the same week a year ago and a five-year average draw of around 137 billion cubic feet.
No comments:
Post a Comment