Natural gas prices increased by 0.68% to close at Rs 280.9, buoyed by a temporary decline in production, primarily attributed to freezing conditions impacting pipelines in North Dakota. Notwithstanding this, the overall perspective continues to be ambiguous, as projections for more temperate weather are anticipated to diminish heating requirements in the forthcoming weeks. This atypical Read More
Natural gas prices increased, closing up by 1.94 percent at Rs 362.9, bolstered by near-record gas flows to LNG export facilities and anticipations of demand exceeding earlier forecasts. Robust export activity persists in supporting prices, despite the fact that domestic production levels remain high. Average gas output in the Lower 48 states has decreased slightly Read More
Natural gas prices experienced a decline of 1.75%, settling at Rs 369.9, as market participants continued to incorporate milder weather forecasts, reduced near-term demand expectations, and near-record supply levels into their assessments. Weather models suggest that warmer-than-normal conditions will prevail in key consuming regions until December 26, which is likely to lead to a notable Read More
