Natural gas prices concluded the trading session at Rs 265.4, reflecting a decline of 0.38%. This decrease is attributed to diminished LNG export flows, nearly unprecedented production levels, and anticipations of reduced demand in the forthcoming fortnight. In August, gas output in the U.S. Lower 48 states averaged 111.1 billion cubic feet per day, surpassing Read More
Natural gas concluded the trading session with an increase of 0.75%, reaching Rs 255.6. This uptick was bolstered by a slight rise in flows to liquefied natural gas export facilities and anticipations of heightened demand driven by weather conditions. Forecasts indicate a tendency for temperatures to remain predominantly above normal until August 21, potentially leading Read More
Natural gas prices increased by 0.31% to close at Rs 256.7, rebounding through short covering following recent declines attributed to expectations of reduced seasonal demand and milder weather conditions. Weather forecasts persist in suggesting a below-average cooling demand throughout a significant portion of the United States in the upcoming weeks, thereby constraining the necessity for Read More
Natural gas prices concluded the session at Rs 283.40, with optimistic demand forecasts driven by weather patterns counterbalanced by adequate supply levels and profit-taking activities. Prices received a boost from a significant increase in crude oil and revised projections indicating above-average temperatures throughout the United States until early August, anticipated to elevate electricity consumption for Read More
Natural gas prices increased by 2.47%, concluding at Rs 281.70, bolstered by short covering and enhanced demand expectations. Market sentiment improved as forecasts indicated a rise in petrol consumption in the upcoming weeks, supported by heightened feedgas flows to the Freeport LNG export facility in Texas after previous operational setbacks. Fundamental indicators continued to exhibit Read More
Natural gas prices experienced a modest increase, rising by 1.46% to close at Rs 250.2, primarily driven by a recent decline in production and robust demand for LNG exports. Flows to U.S. LNG terminals persisted at levels close to record highs through April, providing a consistent underpinning for prices. Nonetheless, the potential for growth remained Read More
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
