Natural gas prices experienced an increase, closing up by 1.81% at Rs 326.4, bolstered by anticipations that severe cold weather will significantly elevate heating demand while simultaneously restricting production due to freeze-offs at oil and gas wells. Weather forecasts suggest that temperatures are likely to stay predominantly below normal until February 5, with the most Read More
Natural gas prices experienced a significant decline, closing down by 4.08% at Rs 294.2. This downturn was influenced by a slight increase in daily production and weather predictions indicating predominantly mild temperatures for the upcoming fortnight, which are anticipated to maintain heating demand below typical seasonal levels. Despite predictions of a short-lived colder period later Read More
Natural gas prices experienced a significant increase, closing up by 4.93% at Rs 321.4, bolstered by a confluence of reduced output and enhanced expectations for demand driven by favorable weather conditions. Production in the Lower 48 states has moderated to an average of 109.0 bcfd thus far in January, a decrease from the record 109.7 Read More
