Natural gas concluded the trading session with a 2.07% increase, reaching Rs 301.2. This upward movement was bolstered by a decline in US production in recent weeks, attributed to disruptions in pipeline operations and heightened flows toward LNG export facilities. Additionally, there are anticipations regarding the return of a liquefaction train at Freeport LNG in Read More
Natural gas settled 0.96% lower at Rs 287.5, pressured by expectations of rising production and mild weather conditions that could keep heating and cooling demand subdued. The US Energy Information Administration reported a 64 billion cubic feet storage build for the week ended September 25, reinforcing concerns over comfortable supply levels. US Lower 48 gas Read More
Natural gas settled 0.25% higher at Rs 281.2, driven by unseasonably warm weather in parts of the Midwest and eastern United States, which increased cooling demand. This prompted power generators to utilise more gas to satisfy heightened air-conditioning needs. However, the market maintained equilibrium due to increasing production and anticipations of subdued demand in the Read More
Natural gas concluded the trading session with a decline of 3.58%, settling at Rs 261.1. This drop can be attributed to record production levels in the US, which prompted profit-taking following a rise that brought prices to a nearly four-week peak in the preceding session. The latest data from the Energy Information Administration indicated that Read More
Natural gas futures concluded at Rs 264.4, reflecting a 0.65% increase, buoyed by a less-than-anticipated rise in U.S. natural gas storage. This development has bolstered expectations for a comparatively tighter supply in the near term. The latest report from the Energy Information Administration indicated that utilities injected 28 billion cubic feet of gas into storage Read More
Natural Gas prices concluded the session with a 0.69% increase, reaching Rs 262.8. This uptick can be attributed to short covering following recent declines, even as the market continues to face challenges from record production levels in the US, reduced LNG export flows, and ample storage capacity. Financial firm LSEG reported that average dry gas Read More
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 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
