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Natural Gas Dips as Mild Weather Cuts Demand

MCX Live Updates

Natural gas declined by 2.8%, closing at Rs 257.1, influenced by forecasts of milder weather anticipated to reduce heating demand. Warmer conditions prevailing across a significant portion of the western United States as the month concludes have diminished expectations for a late-season cold snap, thereby alleviating apprehensions regarding constrained winter supplies. As winter approaches its Read More

Natural Gas Soars with Near-Record LNG Exports and Chilly Forecast

MCX Live

Natural gas increased by 2.17% to close at Rs 282.2, buoyed by near-record levels of LNG export flows and revised forecasts indicating colder weather and heightened heating demand in the forthcoming two weeks. In February, the average flows to eight U.S. LNG export facilities reached 18.6 bcfd, nearing the record levels observed in December, thereby Read More

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