Natural gas prices decreased by 2.24%, concluding at Rs 262.1, influenced by near-record production levels and predictions indicating milder weather along with reduced heating demand in the upcoming week. Output across the Lower 48 states has averaged 108.6 bcfd so far in February, an increase from January’s 106.3 bcfd and approaching December’s record of 109.7 Read More
Natural gas prices experienced a significant increase, closing up by 3.95% at Rs 352.5, bolstered by predictions of colder weather and an anticipated rise in heating demand in the upcoming weeks. Meteorologists anticipate a steady decrease in temperatures across the country leading up to January 10, as Heating Degree Days are projected to increase from 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
